Bufab Group: Bufab named Most Responsive Supplier Globally by Schneider Electric
October 08, 2019 at 05:21 am EDT
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PRESSRELEASE
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.
Marcus AnderssonCFO+46 370 69 69 66 marcus.andersson@bufab.com
About Bufab
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.
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Bufab AB published this content on 08 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 October 2019 09:19:16 UTC
Bufab AB (publ) is a Sweden-based company engaged in the supply of fasteners and small parts to industrial segments, and provision of logistics and purchasing services. The Company purchases, develops, manufactures and distributes components such as C-parts, standard fasteners, magnets, magnet systems, and other standard and drawing-specific parts in metal, plastic, rubber, stainless steel, metal powder, wire and fabric. It serves a variety of industries, such as telecommunication, automotive, furniture, offshore, engineering, industrial construction, agriculture, aerospace and railway. The Company operates through subsidiaries in Sweden, Norway, Finland, France, Germany, China, Taiwan, Austria, Poland, the United Kingdom and the Netherlands, among others. Also, it operates Kian Soon Mechanical Components Pte Ltd in Singapore.
BUFAB AB 
