Toyota Names Quality Cost Delivery Award Recipients
Toyota Industrial Equipment Mfg., Inc. (TIEM), Columbus, Ind., named the winners of its annual Supplier of the Year Award. TIEM suppliers whose quality, cost and delivery exceed a 95 percent standard of excellence receive the Quality Cost Delivery award. This year, out of more than 130 TIEM suppliers, 12 winners earned the award.
This year’s winners are: Okaya U.S.A. Inc., Anchor Enterprises, Aisan, Apex, Champion Lift Systems Inc., Commercial Fluid, Julian Electric, NTN Bearing Co. of America, Tasus Corp., Toyoshima, Toyotomi, and US Tsubaki.
Suppliers are evaluated based on a parts quality rate; their ability to meet cost reduction targets; and on-time delivery performance. All points are awarded based on a corresponding scale for the fiscal year.