UrBC, Chelyabinsk, July 24, 2019. Magnitogorsk Iron & Steel Works (MMK) held its fourth annual Supplier of The Year 2018 Contest this month; the goal is to acknowledge and encourage suppliers’ work and help them keep improving, the company’s press service says.

MMK’s Director-General Pavel Shilyayev took part in the awarding ceremony at MMK’s Conference Hall.

‘Awarding the company’s best suppliers around Metallurgist’s Day has grown into a great tradition. We are working with more than 1,100 suppliers at the moment. A functional relationship with its suppliers is one of the key factors in a company’s successful development, which is why MMK holds regular evaluations of the efficiency of its supplier-customer cooperation. The Supplier of The Year Award and awarding the best of the best is the initiative we undertake to acknowledge and encourage the suppliers’ efforts and achievements,’ the press service quotes Pavel Shilyayev as saying.

According to the press service, an ad hoc committee comprising the employees of the plant’s Commercial Department got set up to look into the supplying logistics in the year 2018. The committee assessed the following: the quality of the goods supplied; the produce appeal and competitiveness; optimal pricing; the innovative/R&D aspects of the produce supplied; the supplier being customer-oriented; compliance with the agreed terms of delivery; the amount of goods supplied.

In the end, the best suppliers got selected by the committee in seventeen different categories; in 2018, these suppliers managed to fulfill their contractual obligations and supply good quality, best-priced produce in time and in full.