ZF targets Rs 3,370 crore savings in purchasing by 2015, calls on suppliers to fulfill their duties

October 4, 2012: German component major ZF Friedrichshafen AG is reorganizing its production materials purchasing. In the next two years, the Group wants to save half a billion euros (Rs 3,370 crore) together with its suppliers.

04 Oct 2012 | 2217 Views | By Autocar Pro News Desk

October 4, 2012: German component major ZF Friedrichshafen AG is reorganizing its production materials purchasing. In the next two years, the Group wants to save half a billion euros (Rs 3,370 crore) together with its suppliers. To achieve this, the number of suppliers will be cut down significantly, purchasing volumes ...

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