The structure of the Company’s operation costs is dominated by materials and services costs. As such, there is a need for synergy and cooperation between the Company and its partners and suppliers to provide products and services that meet the Company’s products quality requirements at the right time, at the right location and at the lowest possible cost to help the Company obtain one of its missions to operate efficiently and to maintain its competitiveness in the component industry.
The Company has procurement teams which are responsible for buying goods and services.
Vision
Through procurement solutions, the Company aims to create a sustainable competitive advantage for its business.
The corporate procurement team is a support function that serves the business of the Company for management of purchase of goods and services. The main focuses are the security of supply and financial contributions to the business. The corporate procurement team acts in accordance with ethical and environmental principles.
Expectations towards our suppliers:
- Suppliers must comply with the Company Code of Conduct and Supplier Integrity Pact
- The Company is looking for suppliers who can support our business for a commercial, regulatory and supply chain risk reduction perspective
- Suppliers should be committed and able to support us globally - if applicable for the product group
- Suppliers should be willing in cooperating with the Company to create value for both parties
