Supplier Innovation
Challenge 2024
Innovation is not about ideas.
It's about making ideas happen.
The Supplier Innovation Challenge is a global ideas competition, where both existing and new potential suppliers can submit their ideas outside the standard RFQ process. Ideas can be an initial rough draft, an "out-of-the-box" idea, or a creative concept for products, processes, technologies, materials or applications in the fields of our Magna Powertrain products: e-motor, inverter & transmission.
At the final event - the Supplier Innovation Day - the finalists will present their idea and concept and a winner will be announced and awarded with the Supplier Innovation Challenge Award.
"This initiative is a great way to promote the early involvement of suppliers and co-engineering processes as well as the joint development of innovative products with the aim of a successful and long-term collaboration."
Barbara Neumann
Engineer, AE Future Innovations & Technologies, Magna Powertrain
Thank you for your interest!
We are currently preparing the call for this year’s Supplier Innovation Challenge. Be part of it and create with us together the powertrain products of the future!
The next Supplier Innovation Challenge will take place soon.
Steve Jobs realized that great things in business are never done by one person. They’re done by a team of people.
To apply this concept we ask you to share your new, creative, inspired, “out-of-the-box”, breakthrough ideas and concepts for products, processes, technologies, materials and applications with us. Together we can develop them further. Together we can make it happen!
Be part of it!
You have an innovative idea and you want to participate in a global competition?
We are looking for ideas in the following topics:
- Cost Down
- Transmission Solutions
- E-Motor & Inverter
- Data & Cloud Services