Our Purchasing

In Fiscal Year 2010/2011, Group sales totalled €49.1 bn, materials expenditure was €32 bn, representing approx. 65% of sales.

Christian Holzer, Senior Vice President and Head of Corporate Center Materials Management of ThyssenKrupp AG emphasizes: "By handling the Group's materials expenditure, our professional staff in purchasing and supply management functions across the Group have considerable influence on the cost situation in our companies. This is a big responsibility that allows us to contribute strongly to our Group's value and earnings. The success of purchasing within our value-orientated activities is impressive proof of our leverage. Aiming at a faster respond to new market developments and customer needs our operational purchasing management is now more decentralized while strategic purchasing management is more centralized."

We put great emphasis on Groupwide, cross-functional cooperation, on the ongoing integration of value-added chains and on sourcing strategies tailored to specific spent categories. Pragmatic methods and efficient systems support transparency and add to the professional purchasing toolset in one of the world's largest technology conglomerates.