Suppliers
VINCI's purchasing policy
Purchases represent
around 60% of our revenue; they break down into €8.3 billion for raw
materials and €12.1 billion for external services (including
subcontracting). Our purchasing policy is managed by the central
purchasing coordination unit through the network of 15 decentralised
purchasing clubs around France and in countries where we have
operations. The purchasing clubs bring together more than 150 members
who manage 361 framework contracts, in addition to specific
business-line and subsidiary purchasing contracts. In 2007, a total of
449 hours of training was devoted to the purchasing function.
Our purchasing policy takes account of the way in which each supplier market operates and
helps underpin our decentralised management model by involving the subsidiaries' buyers and operations managers. Most purchases are made by the profit centres, which source regional suppliers. The flow of materials is mainly between worksites and suppliers, to create the best fit with real operational needs.
Our purchasing policy takes account of the way in which each supplier market operates and
helps underpin our decentralised management model by involving the subsidiaries' buyers and operations managers. Most purchases are made by the profit centres, which source regional suppliers. The flow of materials is mainly between worksites and suppliers, to create the best fit with real operational needs.