According to John Grisik, segment president, Electronic Systems, "We are truly honored to be recognized by Lockheed Martin for our performance across three of our teams. This prestigious award is made only to Lockheed Martin suppliers who consistently deliver perfect quality parts to the committed schedule. Clearly, through our enterprise-wide focus on operational excellence our teams have proved their ability to meet some of the most stringent performance criteria in the industry."
Goodrich's operational excellence efforts include the use of Lean Product Development and Continuous Improvement tools coupled with supply chain management/strategic sourcing efforts all focusing on customer satisfaction and cost reduction.
Lockheed Martin's Supplier Performance Evaluation metrics serve as the foundation for the STAR Supplier Awards and in addition to quality and delivery also include product or service affordability as well as management and execution.
Lockheed Martin currently has more than 1,600 suppliers. Currently out of that pool of suppliers only 178 have been selected for STAR awards.
