Seven suppliers to this lift truck manufacturer are recognized for exceeding expectations

Toyota Industrial Equipment Manufacturing, Inc. (TIEM), the U.S. manufacturing plant for Toyota lift trucks, announced the winners of its annual Supplier of the Year Award.  The Quality Cost Delivery (QCD) award is given to those TIEM suppliers whose quality, cost and delivery exceed a 95% standard of excellence.

Suppliers are evaluated based on a parts rejection rate (PPM= parts per million); 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.

This year, seven winners earned the coveted award, from more than 75 suppliers used by TIEM.  The award ceremony took place at the TIEM production facility in Columbus, Ind., during the annual Supplier Conference.