A global presence a major bonus
German manufacturers with worldwide operations regard a global presence as a
major bonus in its suppliers.
Companies with locations around the world are also in a favourable position. Global sourcing
is a growing phenomenon among German industrial companies with production facilities on
different continents. Although production and supply is organised regionally, procurement is
centralised. This applies not only for large companies with a multibillion turnover, but also for
companies with worldwide production locations and a turnover of, say, € 100 million.
German OEMs also prefer their partners to have a global presence.
EU Forecast
euf:ba18.c:174/nws-01