Nsk Awarded Bosch Global Supplier Award

At the prestigious Bosch Global Supplier Awards 2023, NSK was selected as one of
just 46 top suppliers from approximately 35,000 companies that provide parts to
Robert Bosch GmbH (Bosch) globally. NSK gained recognition in the category of
Raw Materials and Components for superior quality and excellent performance as a
supplier of the Bosch Group, a leading global supplier of technology and services.
Every two years, Bosch honours the pick of its suppliers from around the world with the
Bosch Global Supplier Award. This year, NSK's esteemed award in the Raw Materials and
Components category underscores the company's exceptional performance as a global
supplier of innovative motion and control solutions, and its commitment to excellence in
mobility and across wider industry.
The NSK product portfolio contains for example ball screws for electric-hydraulic braking
systems, which are essential for advanced automotive safety features such as automatic
emergency brake systems. These systems, now mandatory on new vehicles in many
countries, help prevent accidents by scanning the road ahead of the vehicle and engaging
the brakes to avoid potential collisions.
Dr Arne Flemming, Head of Supply Chain Management at Bosch, highlighted the award's
significance:“With the Bosch Global Supplier Awards, we honour our best suppliers. The
recipients rank at the top of our global supplier base of some 35,000 companies. Our award
winners impressed us with their outstanding performance in the manufacture and supply of
raw materials, products and services. We see them as leading the way, especially in terms
of quality, cost and sustainability.”
For Bosch, suppliers are also partners in development and innovation that help the
company stay competitive and meet sustainability targets. Partners willing to provide close
collaboration can take advantage of early-stage involvement in Bosch strategies and
development projects, gaining useful insights into future requirements. These partnerships
also strengthen global supply chain resilience, while simultaneously forming an important
basis for a functioning economy. In 2022, Bosch Group's purchasing volume totalled
around €50 billion.
“A functioning economy needs robust supply chains,” said Flemming.“We and our suppliers
must therefore deliver top performance on a daily basis, from the innovation phase to
production and aftermarket services. Our awardees play a special part in the efforts of
Bosch to achieve this outcome.”

1) NSK celebrates its achievement in the Raw Materials and Components category at the
Bosch Global Supplier Awards 2023. Photo: Bosch

2) Superior quality and excellent performance were among the reasons cited for NSK's
success at the Bosch Global Supplier Awards 2023. Photo: Bosch

3) NSK ball-screw unit for electric-hydraulic brake systems. Photo: NSK

About NSK Europe
NSK Europe Ltd. is the European organisation of the Tokyo-based bearing manufacturer NSK, which was
founded in Japan in 1916 and today employs nearly 29,882 people in its worldwide operations. The products
and solutions provided by the industrial and automotive supplier can be found wherever things move. In addition
to nearly all types of rolling bearings, the company's portfolio includes housed bearings, linear technology,
wheel bearing units, transmission and engine bearings and steering systems. The company is oriented to
perfection in all of its business activities. Its aim is quality leadership in its industry, which it strives for through a
continuous process of improvement, excellent product development, optimised production processes and
customer-oriented service processes. In fiscal year 2022, the more than 4,030 employees of NSK Europe Ltd.
generated sales of over € 893 million.

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