Infineon receives 2024 ASCM award of excellence

The award recognises an organisational transformation that improves business by assessing the supply chain using ASCM's global standards, products, services and resources. Infineon was honoured for a supply chain initiative that implemented the Supply Chain Operations Reference (SCOR) model of ASCM. By focusing on customer-centricity, Infineon significantly improved customer satisfaction, optimised capacity use and realised substantial cost savings.

Infineon transformed its supply chain to become more robust, agile, and resilient. The primary goals of this transformation were to enhance forecasting accuracy, implement agile response mechanisms like daily automated execution of the physical flexibility enabled by a superior master data system, adopt cost-efficient procurement practices, and build resilient partnerships.

“We are very proud to receive this award. It values our commitment to increase the resilience and flexibility of our supply chain for our customers and to provide our Infineon colleagues with digitalised and automated systems,” said Konstanze Knoblich, Vice President & DtC Process Owner at Infineon. “Our Demand to Cash process is based on ASCM’s Supply Chain Operations Reference (SCOR) model. Especially the international application of orchestration of digital SCOR is helping us to increase security of supply by reducing the bullwhip effect with the successfully implemented processes and tools like capacity reservation agreements.”

The ASCM is the global pacesetter of organisational transformation, talent development and supply chain innovation. As the largest association for supply chain, ASCM members and worldwide alliances fuel innovation and inspire accountability for resilient, dynamic and sustainable operations.