Deutsche Bahn AG Presents the First Supplier Innovation Award
Until the 10th of March, Companies Can Apply with Their Projects to Compete for This Award.February 10th, 2016
Participation is open to all companies with products or services available for the DB, who want to propose innovative technologies, processes, products, services or even marketing solutions. The selection process will be evaluated by an internal jury of experts, monitored by the Fraunhofer Institute for System and Innovation Research in Karlsruhe. The evaluation of all applications will be done according to the following standardized criteria: their degree of innovation and uniqueness, their added value and profit contribution, their potential and to what extent they are sustainable and focus on environmental protection. Furthermore, the best 10 candidates will be interviewed about their ability to innovate.
Finally, the jury will select the winner from three finalists in spring 2016, who will be presented to the public at the InnoTrans 2016 event in Berlin. All the finalists will receive an award certificate and the winner will be presented with the Award. The DB Supplier’s Award is awarded every two years at the InnoTrans in Berlin. At the moment, Deutsche Bahn awards the DB Supplier's Award in six categories.
Deutsche Bahn always focuses on the quality of its services. Supplier quality makes a major contribution to the performance pledge that the Group gives its customers and for this reason, the DB decided to set up a prize to suppliers providing particularly successful support to its procurement strategy. The DB Supplier’s Awards represent an attractive incentive for constant improvements in the business relations between suppliers and Deutsche Bahn.
DB considers innovation one of the central aspects in the debate on the sustainability of companies. A key success factor in securing their own competitiveness is having innovative suppliers. For this reason, a special prize can also be awarded to particularly innovative suppliers. The DB Supplier Innovation Award is widely known and coveted in the field and is well on the way to becoming a renowned business prize.
References and Links
Valentina Mazzone, Berlin Global