Automaker BMW captured the number-one spot in supplier relations in the latest IHS Supplier Business Supplier Relations Survey (SuRe). The survey results came from 230 supplier executives with a total of 6450 contacts with automotive OEMs globally, 67% of those having more than $101 million in sales. The results released by IHS Supplier Business in its 8th Annual OEM-Supplier Relations survey shows that BMW is the number-one rated automaker in the world. The findings were presented at the Automotive News Congress in Monaco last Thursday. BMW scored 617 out of 1000 points in the 2012 Supplier Relationship index, a ranking of 28 global automakers done by suppliers.
According to suppliers, the key reason BMW achieved this ranking is that BMW provides them with the potential to make a profit over the lifetime of a contract, noted Matteo Fini, IHS analyst who led the study. BMW’s score has been affected in recent years by cost-cutting programs, and even with this year’s victory, the automaker is still well below the 650-point threshold that Fini said indicates a good relationship between the two sides. Porsche, last year’s highest-ranked automaker was second with 611 points, while Mercedes-Benz came in third with 606 points, and Jaguar Landrover was fourth with 599. Toyota followed with 599 points as well. Forty-six percent of the respondents were in North America and 40% in Europe, 10% in Asia, and the balance in the Middle East and Africa.