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Purchasing strategy

The WOLF Purchasing Strategy is oriented to the companies objectives for the next 5 years and to the associated corporate strategy.

The WOLF Purchasing Strategy is oriented to the companies objectives for the next 5 years and to the associated corporate strategy. Herein the preservation and enhancement of the competitiveness is a key element. Our suppliers are an essential criterion for our power to compete. With our Purchasing Strategy we intend to co-operate with the best companies in your branch on a long term basis, to achieve the growth objectives set and to be able to place our product innovations successfully on the market

Our six-pillar purchasing strategy

As a result our purchasers appropriately develop an individual commodity group strategy.

01

Strategic partnerships with system competent suppliers as technological partners. Quality awareness is the central element in this relationship

02

Risk minimization in the supply chain due to Two-Supplier-Policy for example

03

TCO-evaluation as a preparation for purchase decisions

04

Intensive communication with suppliers at all professional levels

05

Automatization of data exchange and transition to Industry 4.0

06

Sustainability and consistent adherance to corporate compliance

We assess our suppliers’ strategical potential according to their quality awareness, product competence, manufacturing technology and productivity as well as the empowerment to logistical innovations. A particular requirement for our suppliers is the willingness and ability to reduce delivery times and to increase the flexibility of supply for the benefit of our customers. The introduction of technologies in the course of Industry 4.0 is a vital success factor to implement this requirement. The selection process for suppliers is alligned to the assessment of these abilities.