Nokia Diamond Awards 2020

17. 10. 2020 Saturday / By: Robert Denes / Generic / Exact time: BST / Print this page

Supplier excellence leads the second Nokia supplier watch With some familiar and exciting excitement, Nokia celebrated “Supplier Excellence” in the second Nokia Supplier Watch series, which took place on October 15, 2020.

Vendors were able to learn about strategic areas such as: the 5G roadmap and outlook, Nokia’s digitization investment plan, and the company’s strategy for current commercial disputes over Nokia’s open RAN solution and financing. Nokia representatives also stressed the importance of shortening the life cycle of new products.

Launching a live broadcast from Nokia’s Executive Experience Center studio in Espoo, which was attended by more than 150 vendors, Nokia’s new CEO Pekka Lundmark, along with members of Nokia’s leadership team, recognized the strong and enduring partnership with key vendors in a difficult year.

Pekka spoke about Nokia’s technological leadership and the future of open architecture and ecosystems. He mentioned IoT, automation / cloud applications and agile, software-driven automated networks as key market trends from which Nokia can benefit. It also sent an encouraging message to suppliers looking for a strategic partnership with Nokia - “get to know Nokia’s strategy thoroughly”, think proactively and come up with suggestions.

Pekka concluded his session by saying that suppliers can do three things to create mutually successful partnerships: competitive cost bases, excellent “first-time” quality, and smooth and flexible more

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