Joern Foerster of Diebold Nixdorf Wins Global Supply Chain Honors

Joern Foerster's Recognition in Supply Chain Leadership

Honored for his outstanding leadership in key initiatives toward a more resilient, regionalized and digitized supply chain.

In a remarkable acknowledgment of supply chain excellence, Joern Foerster, senior vice president of supply chain at Diebold Nixdorf, has been awarded the prestigious "Leaders in Supply Chain Award 2024" by Alcott Global. Foerster was recognized as one of 30 top supply chain leaders globally for his innovative strategies and commitment to transforming supply chain operations.

Significant Achievements in Supply Chain Management

Under Foerster's guidance, Diebold Nixdorf has undertaken significant initiatives to bolster its supply chain resilience. Notable achievements include:

• Transitioning from a centralized manufacturing model to a more distributed one that allows for swift lead time reductions.
• Identifying and fostering relationships with new suppliers globally, including developing capabilities closer to their main operations, which enhances agility.
• Streamlining the global supply chain footprint to enhance operational flexibility while minimizing goods in transit.

Foerster's Commitment to Continuous Improvement

With 25 years of varied experiences at Diebold Nixdorf, Foerster expressed his pride in receiving this esteemed award, saying, "I am delighted to accept this award on behalf of my leadership team and the entire global supply chain team. Our ongoing efforts to enhance and stabilize our supply chain operations have been pivotal in achieving our company's performance goals, which I take great pride in." His dedication to supply chain management reflects the company's commitment to continuous improvement.

Leadership Recognition from Industry Peers

Foerster's contributions have garnered praise from industry colleagues, including Frank Baur, executive vice president of Operational Excellence at Diebold Nixdorf. Baur noted, "I proudly congratulate Joern on this well-deserved award. His leadership has empowered our supply chain management, creating strong capabilities that set us apart in the industry. Employing Lean principles, we are on a continuous improvement journey, significantly impacting our financial metrics such as cash flow and profits."

Alcott Global's Annual Awards Highlight Innovation

Every year, Alcott Global curates the Leaders in Supply Chain Award to honor individuals excelling in digitalizing supply chain operations and championing sustainability initiatives. This year’s selection process involved exhaustive evaluations from a jury of experts across various regions and a voting process that included over 2,000 C-level executives, emphasizing the competitive nature of this honor.

About Alcott Global

Alcott Global specializes in providing executive search solutions targeting key roles across the entire value chain, from leadership positions to operational roles. They also connect corporations with leading technology firms to drive transformative changes within supply chain and logistics sectors through their Supplify initiative. The company creates opportunities for industry executives to connect during forums focused on innovative collaboration, enhancing business value.

About Diebold Nixdorf

Diebold Nixdorf (NYSE: DBD) is at the forefront of automating and digitizing banking and retail experiences, partnering with numerous leading financial institutions and retailers globally. Their integrated solutions seamlessly connect digital services and physical interactions, enhancing customer experiences across over 100 countries with a dedicated workforce of around 21,000 employees. Discover more about Diebold Nixdorf's innovations at www.dieboldnixdorf.com.

Frequently Asked Questions

What is the Leaders in Supply Chain Award?

The Leaders in Supply Chain Award recognizes outstanding professionals in the supply chain sector for their innovative contributions and effective leadership.

Who is Joern Foerster?

Joern Foerster is the senior vice president of supply chain at Diebold Nixdorf, with over 25 years of experience in various roles within the company.

What initiatives contributed to Foerster's award?

Key initiatives include transitioning to a distributed manufacturing model, developing close supplier relationships, and optimizing supply chain operations for flexibility.

How does Alcott Global select award winners?

Winners are chosen based on case studies submitted by nominees evaluated by an expert jury and through votes from C-level executives.

What is Diebold Nixdorf's primary business focus?

Diebold Nixdorf focuses on automating and digitizing banking and retail systems to enhance customer interactions and operational efficiencies.

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