Strategy: Procurement

Capable, innovative and reliable suppliers significantly contribute to achieving our procurement objectives in relation to cost, quality, environmental protection and energy efficiency, hence to strengthening the competitiveness of Waldaschaff Automotive GmbH.

Apart from the development of new purchasing markets, the focus of our procurement strategy is therefore on securing the purchasing market.

Our approaches to achieve this include, but are not limited to:

01

Development of supplier relationships based on partnership

Fair and open communication forms the basis for reliable and successful cooperation.

02

Establishment of long-term supplier relationships

The execution of long-term contracts and cooperation agreements strengthens and secures the business relationship.

03

Supplier qualification

Regular supplier assessments are used to identify the strengths and weaknesses in quality, reliability and cooperation.
The required standard (A classification) is achieved by means of time and activity schedules with short and medium-term objectives
derived on the basis of such assessments.

04

Regular meetings with major suppliers

Comprehensive knowledge of products and processes as well as contact maintenance are the basis for successful negotiations.

05

Joint resolution of issues

The execution of long-term contracts and cooperation agreements strengthens and secures the business relationship.

06

Sustainability

Economical, ecological as well as social and ethical sustainability are significant pillars of our joint actions,
to which we are fully committed.

07

Environmental protection and energy efficiency

Environmental compatibility and energy efficiency are important criteria for the selection of our suppliers.

The key points are: Reduction of emissions, reduction/prevention of environmental impact, optimisation of energy efficiency,
preservation of nature and use of environmentally compatible materials/processes

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