Supplier management is an approach of particular importance to us with a view to monitoring our procurement costs and reducing them wherever possible. By evaluating our suppliers comprehensively, we aim to ensure observance of our compliance principles and to avoid associated Environmental, Social and Governance risks (ESG risks).
At the Hannover location three different areas are responsible for the procurement of a diverse range of products and services: Facility Management (FM), Information Technology (IT) and the group formed by the various specialist units. Goods are purchased either directly from the manufacturer or through distributors. In this context a Code of Conduct for Suppliers safeguards adherence to environmental and social standards. We carry out a corresponding evaluation of our suppliers at regular intervals.
By engaging in an active dialogue we are able to build sustainable and robust relationships with our suppliers. Furthermore, the ongoing professionalisation of our procurement assures our competitiveness. We are currently taking steps to give greater consideration to cost / benefit aspects, improvement of service quality and the standardisation of services and conditions. Not only that, through consolidation of the portfolio of IT service providers we are also able to reduce our costs. Our systematic supplier management brings about efficient and transparent processes and serves to accelerate procurement.