Germany: ZF aims for €0.5bn of purchasing savings

ZF has revealed it is reorganising its production materials purchasing operations with a target to make €0.5bn (US$646m) of savings in the next two years. To help achieve this, the number of suppliers will be reduced "significantly", purchasing volumes will be consolidated and processes harmonised. The company has noted that by Subscribe to Automotive World … Continued

• By Webmaster
• September 14, 2012