From March 31st to April 1st, 2011, WABCO, a leading global supplier of electronic brake, stability, suspension and variable speed control technology for commercial vehicles, held a two-day 2011 supplier conference in Jinan. . About 120 representatives from more than 80 suppliers in China and Asia and Europe attended the meeting. The conference further strengthened WABCO's global network of suppliers of raw materials and product parts to support WABCO's global engineering and manufacturing operations.
Currently, WABCO has procurement centers in Europe, Brazil, India and China. In 2010, WABCO’s share of procurement in emerging countries accounted for 43% of its global share, compared with only 10% a decade ago.
This is the first time that WABCO has held its annual supplier conference in China. China is playing an increasingly important role in WABCO's global supply chain. In China, WABCO now operates four world-class factories to provide products to customers in China, Asia, and around the world. Currently, the WABCO China facility will provide approximately 1 million anti-lock brake system (ABS) components to the North American market each year.
WABCO's global procurement strategy is to develop major suppliers into important partners in the supply chain, and establish global standards at the engineering level. WABCO will continue to provide customers with high quality and competitive resources by providing quality and abundant resources in China. The company's products and sincerely hope that suppliers can actively implement the Six Sigma lean production concept and benefit from it. This world-class management system combines quality management and process efficiency to create more value.
WABCO's global supply and procurement strategy focuses on establishing long-term relationships with outstanding internationally competitive suppliers, strengthening WABCO's global engineering and production network, and gradually expanding its share of purchases in emerging countries. WABCO expects China Major suppliers in the local and Asian regions can play an even more important role. They are committed to continuously improving quality and efficiency and vigorously developing technological innovations.
About WABCO
WABCO Automotive Control Systems (NYSE: WBC) is the world's leading provider of commercial vehicle safety and control systems. For more than 140 years since its establishment, WABCO has led breakthroughs and innovations in electronics, mechanical and electromechanical technology, providing brake, stability control and automatic transmission control products for the world's leading manufacturers of commercial trucks, trailers and buses.
WABCO is headquartered in Brussels, Belgium and employs more than 9,900 people in 31 countries. In 2010, global sales totaled 2.2 billion U.S. dollars.
As a technology leader in the industry, WABCO is committed to continuously improving vehicle safety and driver efficiency, and continuously improving vehicle efficiency and environmental sustainability. WABCO’s series of important milestones in industry innovations include:
In 2010, the first automatic emergency braking system (AEBS) complied with the EU's forthcoming regulations
In 2009, the first ESCsmartTM simulation system for electronic stability control of commercial vehicles was born.
In 2008, the first commercial vehicle automatic emergency braking system (AEB) was born
In 2007, the first commercial vehicle collision warning system (CMS) with automatic braking function was born
In 2001, the first commercial vehicle Electronic Stability Control System (ESC) was born
In 1996, the first electronic braking system (EBS) was born
In 1986, the first commercial vehicle automatic transmission control system (AMT) was born
In 1986, the first commercial vehicle electronically controlled air suspension system (ECAS) was born
In 1981, the first heavy truck anti-lock braking system (ABS) was born
WABCO's after-sales service system includes a series of products and services, dealers and maintenance service centers all over the world, advanced training bases, etc., to provide fleet and truck owners with support and maintenance throughout the entire life cycle of the vehicle.
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