Our Purchasing

In Fiscal Year 2008/2009, Group sales totalled € 40.6 bn, materials expenditure was € 26.8 bn, representing approx. 66% of sales.

Dr.-Ing. Silvius Grobosch, Senior Vice President and Head of Corporate 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 Groups's value and earnings. The success of the purchasing initiative of ThyssenKrupp best, our Groupwide value-orientated program, 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.