Success requires partners – in line with this motto, Festo aspires to optimise the entire supply chain continuously. The SIS portal supports this initiative by making available to our supply chain partners and suppliers cross-process information and a cooperation platform that encompasses essential aspects as follows:
- Information and communication
- Implementation of essential business processes
- Supplier real time direct link (ICH, Kanban)
Join Festo on the path to make business processes simpler and more transparent. For this reason Festo will provide the basis for continual optimisation to preserve and increase our joint competitiveness in the market place.
Global Purchasing Network
The ultimate goal for Festo is to become the worldwide leading company in automation supplying pneumatics enhanced by electric actuators. Festo is always committed to be number one to our customers and maintain the highest levels of problem solving competence available in the industry today.
During the conversion towards this goal the purchasing function now defined as the primary interface between the company and its adding value partners will gain more strategic relevance becoming a critical key factor to the company’s overall success.
In this way, the further reduction of time to market will require an integral and global purchasing function including advanced quality planning for purchased parts during the new product development process. In addition, the development of long term partnerships and alliances will be necessary to guarantee a continuous flow of materials as we work towards mastering the complexities of global procurement market dynamics.
Besides the classic purchasing targets costs, quality and supply, the creation of a performance oriented, consolidated and global supplier base and its integration into the Festo Supply Chain is a focal point of attention.
The realisation of cost and quality optimisation, the transfer of knowledge between Festo and its suppliers, as well as the organisation of a smooth new product launch process are all elements of our area of responsibility. Together with our suppliers, Festo will strive to achieve an optimum level of effectivity and efficiency, expecting the highest reliability.
To reach this goal the Global Purchasing Network of Festo commits itself in accordance with the slogan "Success requires partners" to the following values:
- innovative
- self responsible
- reliable
- fair.
These values describe not only the claim of Festo to itself, but also the way we conduct business with one another in an atmosphere of mutual respect and partnership.