ZF will reinforce its supplier base in the Indian market. In order to achieve this goal, ZF has initiated the Campaign "Wind of change". It aims to reach €100 million worth of export from India by 2017. This was announced on the occasion of the ZF India Supplier Day.
"We want to develop India to a global sourcing hub for ZF," says Wilhelm Rehm, Member of the Board of Management of ZF Friedrichshafen AG and responsible for Corporate Materials Management. "India has always had an advantage of a good supplier base, technical capability and availability of skilled talent proving it to be a premier destination for sourcing."
In order to underline the strategic goal, ZF India has set up a Global Purchasing Office in the ZF Chakan Plant, the Headquarters for ZF in India. This structural change will help to enable local commodity managers to reach a higher frequency and engage in deeper interaction with the supplier base. It also gives the suppliers the much needed window into a global organization offering multi-product opportunities.
The team will also function as a Regional Commodity Office, allowing ZF to develop a quality portfolio of products for the Indian and overseas markets. The organization is streamlining its operations to create a real time link with its strategic suppliers who are working closely towards a strategic growth course for various products to support the GPO.
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