In 2007 the Jungheinrich Group achieved sales of EUR 2.002 billion. As in the previous year, the rise in production resulted in a substantial increase in the Group's purchasing volume in 2007. In sum, it rose by 22 per cent to €1,348 million (prior year: €1,104 million). Gains achieved in the production plants and in commodities accounted for the lions share. Almost 65% of Jungheinrich's output was delivered by external partners in the form of production materials, trade goods, services and capital goods.
A central plank of our corporate strategy for several years now has been to focus strictly on our core competencies. By applying this policy systematically throughout our organization, we have succeeded in reducing the level of vertical integration to an average of between 30 and 40%. As a result, external suppliers and our supply management strategy have become that much more important.
Here are some facts and figures to illustrate the point:
- Purchasing structure
- Purchasing volume for production parts
- Purchasing volume for trade goods and servicesI