july 11, 2019 - Bosch

Bosch continues to expand its digital supply chains

Stuttgart / Blaichach, Germany – On its path to becoming a leading provider of IoT and mobility solutions, Bosch is further expanding its digital supply chains. By 2021, the company wants to use cloud and platform solutions to handle more than 85 percent of its global purchasing volume. “In a connected world, digitalized supply chains are crucial if we are to meet the personalized, highly specific requirements of our customers more quickly. Those who fail to digitalize will lose out,” said Prof. Stefan Asenkerschbaumer, deputy chairman of the board of management of Robert Bosch GmbH, at the international ceremony to present the Bosch Global Supplier Awards. “Small and medium-sized enterprises in particular still have a lot of potential to generate further growth and improve their competitive positions.” As Asenkerschbaumer explained, Bosch is planning, for example, to fully digitalize the receipt of incoming goods together with its suppliers. Another goal is to enable the company’s suppliers around the world to view Bosch’s manufacturing needs in real time, thereby optimizing transportation networks and lowering CO₂ emissions. Across the globe, around 37,000 Bosch associates work in purchasing and logistics; they keep around 280 manufacturing plants supplied with more than 300 million parts every day.