FOUNTAIN INN, S.C. (July 27, 2017) - AVX Corporation, a leading manufacturer and supplier of passive components and interconnect solutions, was recently honored with a 2017 Bosch Global Supplier Award from Robert Bosch GmbH, a leading global supplier of technology and services. This year's ceremony took place on Wednesday, July 12, in Stuttgart, Germany, and marked the fifteenth anniversary of the biennial Bosch Global Supplier Awards, which recognize outstanding manufacturer and supplier performance with regard to the quality, cost, innovation, and logistics of products and services in six categories: innovation, raw materials and components, electronics and electromechanics, mechanics, commercial goods, and indirect packaging. AVX's Senior Vice President of Sales, Pete Venuto, and Kiyohiro Ariumi, the director of Kyocera Corporation's Corporate Sales Group, attended the ceremony and accepted the award.
 
AVX received a 2017 Bosch Global Supplier Award in the electronics and electromechanics category, and is one of only 44 suppliers from 11 countries to have been recognized with this year's award, which honors suppliers for having provided sustained, outstanding performance throughout both 2015 and 2016. The theme of this year's award ceremony was "Partners in Success," which harkens to the fact that Bosch views its suppliers as partners in development and innovation, and as critical elements in maintaining a competitive edge in the industry, rather than as mere delivery personnel. Currently, the Bosch Group's purchasing and logistics volume amounts to some 60% of its total sales, and most of the purchases are of electronic and mechanical components.  
 
"Bosch's success is based in no small part on competitiveness, innovative strength, and agility - qualities we can achieve only with fruitful international partnerships," said Dr. Karl Nowak, president of the Bosch corporate sector for purchasing and logistics.
 
"We are honored to have been recognized with a 2017 Bosch Global Supplier Award, and pledge to continue exceeding expectations with regard to the quality, pricing, reliability, technological innovation, and delivery of the many electronic components that we manufacture and supply for Bosch, as well as all of our other valued supply chain partners," said Pete Venuto, senior vice president of sales, AVX.
 
Source:capacitorindustry.com