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Volkswagen Group Procurement Nominates Strategic Partners

  • Focus on even faster implementation of innovations and the speedy realization of global strategies

The Volkswagen Group has nominated the first 44 suppliers who will be collaborating with the Group on a new common strategic level under the joint FAST initiative. These suppliers were chosen for their outstanding performance in their respective field of competence based on a systematic selection process. Volkswagen Group Procurement is responding to the challenges currently facing the automotive industry by working together with its suppliers under the “Future Automotive Supply Tracks” initiative (or FAST for short) and will implement technical innovations even faster.

“In future, it will not be the corporation with the best negotiating skills that has the advantage, but the one that has also successfully established an optimal supplier network”, emphasized Dr. Francisco Javier Garcia Sanz, member of the Volkswagen Aktiengesellschaft Board of Management responsible for Procurement. “The nominated FAST suppliers are important beacons in our network and I am looking forward to even closer and more intensive collaboration.” Volkswagen FAST is a fundamental element of the Group’s “Future Tracks” program and is designed to equip Volkswagen AG’s automotive network to meet future challenges.

The program was launched in February 2015. Extensive performance evaluations conducted over the last few months resulted in the selection of the first 44 suppliers; these companies are considered by Volkswagen to be outstanding partners in their respective sectors. In the next step, the Group will be deepening top management level discussions with the nominated partner companies. Going forward, the respective strategies and technological orientation in the individual categories will be even more closely coordinated and aligned. The aim is to successfully implement joint technological innovations ever faster than in the past and to realize vehicle projects worldwide even more efficiently and effectively.

The first nomination phase will come to an end in spring 2016. Suppliers not yet nominated still have the opportunity to qualify for the FAST program. Volkswagen continually reviews supplier performance for this exclusive partnership and adjusts the circle of FAST suppliers as required. The “FAST Summit”, the first exclusive strategy conference with all partners, will take place in spring 2016.

With the FAST initiative, the Volkswagen Group is working together with its suppliers to respond to current challenges and the digital transformation taking place in the automotive industry. There is to be a sustained increase in the number of product and process innovations and in the speed with which these innovations are turned into real experiences for customers. In future, suppliers are to be involved in the relevant product innovation cycles within the Group at an even earlier stage than previously. In addition, the production networks will be harmonized even more closely in order to generate further synergy effects and derive the optimal benefit.

The first group of nominated FAST partners and their respective fields of competence are listed below:

FAST partner Country Field of Competence
DMG MORI AKTIENGESELLSCHAFT Germany Turning machines
GROB-WERKE GmbH & Co. KG Germany Machining, motor
Carl Zeiss Industrielle Messtechnik GmbH Germany Coordinate measuring devices
BP p.l.c. Great Britain Automotive fluids
ExxonMobil Oil Corporation USA Automotive fluids
Avis  Budget Autovermietung GmbH & Co. KG Germany Car rental
Deutsche Lufthansa AG Germany Regular flights
DÜRR Systems GmbH Germany Surface technology
IBM Corporation USA IT-Services
Vodafone Group PLC Great Britain Mobile Communication and M2M Connectivity
Nvidia Corporation USA Infotainment
LG Electronics Inc. South Korea Infotainment
Delphi Automotive LLP USA ADAS (advanced driver assistance systems)
Mobileye Technologies Limited Israel ADAS (advanced driver assistance systems)
Kiekert AG Germany Door latch
MAHLE GmbH Germany HVAC (heating, ventilating and air conditioning)
Continental AG Germany Instrument cluster
OSRAM Licht AG Germany Headlights
Witte Automotive GmbH Germany Exterior door handle
Brose Fahrzeugteile GmbH & Co. KG Germany Door module
Sumitomo Electric Bordnetze GmbH Germany Wiring harness
Faurecia S.A. France Seat structures
Faurecia S.A. France Instrument panel
Samvardhana Motherson Peguform Germany Door trim panels
Dr. Schneider Holding GmbH Germany Air vents
Grupo Antolin Spain Headliner
Gruppo Mastrotto S.p.a. Italy Leather
Conceria Pasubio S.P.A. Italy Leather
POSCO South Korea Flat carbon steel
Aleris International, Inc. USA Aluminium flat rolled products
ZF Friedrichshafen AG Germany Damper (conventional)
Continental AG Germany Adaptive cruise control
Gestamp Automoción S.A. Spain Chassis subframe front 
Fast-Partner Country Field of Competence
Aisin AW Co. Ltd. Japan Automatic transmissions
LG Electronics Inc. South Korea High-voltage batteries
Valeo S.A. France Alternators
Tenedora Nemak, S.A. de C.V. Mexico Cast aluminium crank cases
Honeywell International, Inc. USA Turbo charger
Magna International Inc. Canada Axle drives
ThyssenKrupp AG Germany Assembled camshafts
CQLT Saargummi Technologies S.a.r.l. China Sealings
Bridgestone Corporation Japan Tyres
Samvardhana Motherson Peguform Germany Bumpers
Bollig & Kemper GmbH & Co. KG Germany Paint and process material
Mubea Carbo Tech GmbH Germany Carbon fibre
Pilkington Deutschland AG Germany Glazing
Corning Inc. USA Glazing
Coavis Co. Ltd. South Korea Fuel pumps

The post Volkswagen Group Procurement Nominates Strategic Partners appeared first on VWVortex.



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