Building supplier partnerships based on integrity, honesty and respect
We invest in long-term supplier partnerships that create value
As a global sourcing partner, we operate supplier networks across the globe.
Through our steadily growing business, we are offering our supply partners a unique and attractive opportunity to reach customers in Europe.
We strive to develop our suppliers into long-term value partners in order to achieve stable and profitable growth. We attach great importance to innovation, quality, sustainability and social compliance, and expect our business partners to support the same values.
We comply with local legal regulations and do fair business, which is built on mutual trust and understanding.
We are a reliable partner, and we believe that only with integrity, honesty and respect towards our business partners can we be successful.
Systematic supplier management
Ensuring the continued excellence of our supplier portfolio
Our business is driven by systematic supplier management, through which we find and develop the best supplier portfolio. We evaluate all potential suppliers through a rigorous 3-stage screening process.
STAGE 1: SUPPLIER QUALIFICATION
Desk Audit by Eurogroup with the prospective supplier
Aim:
Identify best suppliers
STAGE 2: SUPPLIER EVALUATION
Factory Audit on new and existing suppliers
Aim:
Assess capabilities
Develop recommendations
STAGE 3: SUPPLIER DEVELOPMENT
Recommendations for prospective suppliers
Aim:
Identify suppliers that meet requirements
Suggest follow-up actions for suppliers
Furthermore, we actively evaluate and support suppliers in implementing performance improvement initiatives.