Eaton Corp. honored its best suppliers at its second annual Supplier Awards Program on March 28 at the Renaissance Cleveland Hotel. The event recognized 50 companies as Premier Suppliers.

From that group, 12 received highest honors as the company's Supplier Excellence Award winners. One of the 12 receiving highest honors was Penske Logistics, for transportation management services in North America and Europe. Penske Logistics received recognition for on-time delivery, responsiveness, cost savings and other achievements.
The award winners fall within one of three supplier categories: Direct, Indirect or Logistics. Direct suppliers are those that provide goods used directly in the making of products (e.g., bearings, gaskets, seals, castings, machined components, subassemblies). Indirect suppliers provide materials and services that support the production of finished products or the management of Eaton's business (e.g., chemicals, maintenance and repair materials and services, office equipment and supplies, packaging). Logistics suppliers handle the transportation of goods inbound from suppliers and outbound to customers.