Bufab Group: Bufab named Most Responsive Supplier Globally by Schneider Electric
Värnamo, 8 October 2019
Schneider Electric (http://www.se.com), a world leader in the digital transformation of energy management and automation, engaged C-level executives from over 120 key partners in Barcelona, Spain on October 2-3. The theme was “Sustainable Growth”. During the conference, Schneider recognized a few suppliers for excellence.
Out of Schneider’s more than 50,000 suppliers, Bufab was named the Most Responsive Supplier Globally. The prize was awarded after a rigorous process of nomination and evaluation.
“That a leading global player in its field such as Schneider, with a turnover of over €26 billion and close to 140,000 employees worldwide, singles out Bufab AB (http://www.bufab.com) as their most responsive supplier is both humbling and gratifying. Humbling, because it occurs in competition with some of the world’s largest companies and leaders in their respective industries as well as with strong players in our own field. Gratifying, because it shows that with our Solutionist mindset and Digital Best Practice toolset, we can help even the most challenging customers improve their productivity, worldwide,” says Jörgen Rosengren, Bufab’s President and CEO.
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Bufab AB (publ), Corporate Registration Number 556685-6240, is a trading company that offers its customers a full-service solution as Supply Chain Partner for sourcing, quality control and logistics for C-Parts (screws, nuts, etc.). Bufab’s Global Parts ProductivityTM customer offering aims to improve productivity in the customers’ value chain for C-Parts.
Bufab was founded in 1977 in Småland, Sweden and today is an international company with operations in 27 countries. The head office is located in Värnamo, Sweden, and Bufab has about 1,300 employees. Bufab’s net sales for the past 12 months amounted to SEK 4.0 billion and the operating margin was 10 percent. The Bufab share is listed on Nasdaq Stockholm, under the ticker “BUFAB”. Please visit www.bufab.com for more information.