P&G honors suppliers with awards event

CINCINNATI Procter & Gamble hosted its annual supplier awards event Tuesday recognizing the company's top performing suppliers.

"P&G's growth strategy is to touch and improve more consumers' lives in more parts of the world more completely," said Bob McDonald, P&G's president and CEO, while speaking to suppliers attending the company's annual supplier awards dinner.  "This strategy is inspired by P&G's Purpose and it can only be executed in partnership with our suppliers. We are all focused on touching and improving lives, which requires us - together -- to innovate, to streamline and improve the supply chain, to simplify the way we work, and to create sustainable solutions that improve lives today and for generations to come."

Among P&G's 80,000 suppliers, seven suppliers were the 2009 recipients "Supplier of the Year" award, including The Cly-Del Manufacturing Co., Jones Lang LaSalle and Novozymes, all of which received their second consecutive year of distinction. These companies achieved this recognition by consistently scoring the highest in broad based quantitative and qualitative evaluations by P&G employees throughout the supply chain, P&G said.

"From market changing innovation to supply chain excellence, our supplier partners are foundational for building a stronger future," said Rick Hughes, VP global purchases. "P&G is at our best when we have fostered relationships with our external business partners that enable collaboration in achieving our mutual goals, addressing challenges, and delivering ongoing innovation."

In addition to the select few "Supplier of the Year" awards, 55 companies performed consistently at high levels within P&G's internal supplier performance management system and earned the "Corporate Supplier Excellence Award." Recipients included Ernst & Young and Hewlett-Packard.

"I want to acknowledge the tremendous contributions and commitments that our external business partners make to help us achieve our strategies and goals, as well as extend similar appreciation to the thousands of suppliers across the world that were not award recipients but still work very hard to help P&G touch and improve more consumer lives more completely," said McDonald.