Frost & Sullivan confers its’ 2006 Product Line Leadership of the Year Award’ on the Schenck Process Group (Schenck Process) for its comprehensive weighing and feeding product and service offerings in industrial production processes. In presenting this award, Frost & Sullivan commends Schenck Process for its success in providing integrated solutions in weighing and feeding technology across a wide spectrum of end-user industries.
“The unique position of Schenck Process is a result of a combination of strategic decisions in terms of product line, combined with outstanding operational execution of product research & development and the tailored implementation of its solutions suited to clients’ needs,” notes Frost & Sullivan Industry Analyst Titus Hocevar.
Titus Hocevar continues, “Providing weighing, feeding, screening and other automation solutions for end users in many different industries, the company has gained importance as the ‘supplier-of-choice’ in several industry niches. The company’s global presence provides for regular interaction with its clients, resulting in continuous feedback and this helps it pursue product development that is closely aligned with specific demands of the industries. Other benefits include improved response and lead times, which enable it to leverage its production and service resources globally. Moreover, Schenck Process provides equipment for different parts of the production process and also integrates them into the process, thus providing a comprehensive product solution. This vertical integration is another crucial factor contributing to its success”.
Underpinned by many factors including quality, reliability, after-sales service and brand image, Schenck Process’ product solutions enjoy significant demand from Heavy industries such as gypsum, cement and steel production and Light industries such as food and plastics production. Transport automation, chemicals, pharmaceuticals and mining are some of the other end-user industries that comprise Schenck Process’ diverse yet compatible product portfolio.
“Known among clients for the quality and reliability of its equipment, Schenck Process has been successful in acquiring extensive repeat business,” remarks Mr. Hocevar. “The compatibility of the company’s products and its proximity to end users allow it to respond to emerging requirements faster than the vast majority of competitors.”
Stewart D. Murdoch, Schenck Process’ Director of Business Development & Marketing comments “we are extremely proud and honoured to be the recipient of the Product Line Leadership Award and to be conferred the award by an independent, world renowned organisation with the status of Frost & Sullivan is most gratifying.
What makes the award particularly special is that it pays tribute to both the outstanding quality of our product offering and the focus we place on creating satisfied customers with our innovative pre and after-market activities.
We strongly believe in having a customer orientated business model and we place this at the centre of all of our activities. The Schenck Process brand stands for high quality, reliability and service and it is fitting that we have received this award, in this, the 125th anniversary of our founder Carl Schenck creating the first company to develop, patent and market legal-for-trade weighing technology”.
About Frost & Sullivan and their Best Practices Award Category of ‘Product Line Leadership of the Year’
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. Frost & Sullivan serves an extensive clientele that includes Global 1,000 companies, emerging companies and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics and demographics.
The Frost & Sullivan Award for Product Line Leadership of the Year is presented each year to the company that has demonstrated significant insight into customer needs and product demands. The recipient company has optimised its product line by leveraging products with the various price, performance and feature points required by the market.
Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research in order to identify best practices in the industry.