Tata Steel has joined the select group of companies supplying material to PSA Peugeot Citroën to be awarded with Core Supplier status by the French car manufacturer. Jean-Baptiste Formery, Executive Director - Purchasing Vehicle Components at PSA Peugeot Citroën, made the award at a presentation at Tata Steel’s IJmuiden plant in the Netherlands last week.
Speaking to employees, Mr Formery said that a Core Supplier needed to display the three key attributes of being champions on their product lines, being internationally established, and achieving excellence in industrial performance. He described Tata Steel as “clearly a very good example of this category of supplier”.
Mr Formery spoke of the importance of suppliers fully participating in every step of the company’s strategy and contributing to its success. He described the ambition of PSA Peugeot Citroën to become a global player, with 50% of its sales outside Europe by 2015. Mr Formery said that PSA’s recent Global Alliance with General Motors represented a real opportunity for growth for strategic and core suppliers.
Responding to Mr Formery, Jaap Piso, Director of Sales & Marketing, Sector Automotive for Tata Steel in Europe, said: “This award is the culmination of more than 30 years of close collaboration and partnership with PSA Peugeot Citroën. We are delighted to have been honoured with Core Supplier status in recognition of this mutually beneficial relationship and we look forward to it continuing to benefit both companies for many years to come.”
Source: Tata Steel, London
