Purchasing is a central component of our business strategy. We believe that purchasing activities offer considerable scope for improving our profitability and the way we create value.

Purchasing, logistics and development partnerships

We have set ourselves ambitious targets. Our first priority is to achieve annual reductions in system costs. These will not be simply price-related; we are also working to reduce our quality, logistics and inventory costs. We work constantly to optimize added value along the whole supply chain. We might ask, for instance, how can we improve our procurement logistics? Or how can we make our products more cost-effective by optimizing the costs of individual components and modules and by delivering innovations that offer our customers extra value? These are some of the many challenges that we are setting ourselves. Just as we work to improve our business and production processes, we are also committed to helping our suppliers improve their processes.

KraussMaffei's production system makes heavy demands on the capacity, performance and reliability of our supply chain partners. For this reason, we need suppliers with the economic strength and technical capacity to meet our delivery schedules and quality requirements. They must also be prepared to tread the path of continuous improvement with us. In the best case scenario, selected suppliers are linked into a new product development process from an early stage. This approach maximizes our ability to develop cost-optimized solutions for our customers.