Hormel Foods Corporation has recently honored 26 suppliers with its prestigious Hormel No. 1 Award for their 2011 – 2015 performance. The honor is presented to the company’s top suppliers every five years.
In order for a supplier to qualify for the Hormel No. 1 Award, supplier partners must meet all 3 requirements:
- Have a supplier rating index of 96 percent or better in the fourth calendar quarter of the reporting year. The average of the five-year supplier rating index must be equal to or greater than 96 percent.
- Be a recipient of the Spirit of Excellence Award (an annual award given by Hormel Foods) for a minimum of four times throughout the last five consecutive years.
- Meet additional requirements in the areas of: number of products sold by the supplier to Hormel Foods; dollars of exposure and deliveries to Hormel Foods; number of Hormel Foods locations serviced; and participation in continuous improvement processes.
We are honored to be among the recipients of this prestigious award. Hormel is a fantastic partner of ours and we look forward to continuing our work with them into a prosperous 2017!
Learn More About Our Relationship with Hormel
Read the official press release here