SCM Lowdown

Ryder Hailed Year 2005 Supplier by GM

Getting an honor from the best is always a talk of the town. Ryder System Inc. ,  now has become the talk of the suppliers’ sphere after attaining the recognition of being made supplier of the year 2005 by the General Motors. Ryder System is a Fortune 500 company provides leading-edge transportation, logistics and supply chain management solutions worldwide.
The award was conferred for Ryder’s overall business performance in providing GM with world-class parts and services, which was given at GM’s Vehicle Engineering Center at the General Motors Technical Center in Warren, Mich.
Ryder topped the list of 85 suppliers whom GM honored for outstanding performance throughout the last year. Global Purchasing and Supply Chain division of GM has openly declared that Ryder successfully contributed to their demands beyond expectations.
Going overboard, GM could not thank enough Ryder for their hard work and commitment for making GM vehicles world class. According to GM, the award was selected based on selection by a global executive team who took into account purchasing, engineering, manufacturing and logistics of the suppliers GM engages with. They have evaluated supplier performance in quality, service, technology and price. It is quite hard to figure out how the overall evaluation has been done year on year because various suppliers not necessarily supplying same kind of parts for GM.
Company usually looks out in their supplier the ability to augur their profit margins by their services. That is not necessarily reflected by quality of the products actually supplied but we believe GM picks right stuff, don’t we?

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