PurchasingNORMA Group purchases production materials on a large scale at its 27 production sites on four continents.
Spending on steel, metal components, granules, rubber products and other materials is the Company’s largest expense (see split in % below).
To achieve competitive prices and maximize economies of scale, purchasing is organized in the form of a matrix structure by region and commodity group for all NORMA Group production sites. While centralized management of all activities takes place from Group headquarters, expert teams at the local and regional level apply their know-how on specific local market conditions.
Since 2015 NORMA Group has been using standardized global procurement software to successfully control and manage its global purchasing activities.
In supplier management, we rely on defined procedures and transparent processes in line with our compliance guidelines. This ensures that the same professional standards apply throughout the Company.