| With the
so-called "Turku-decisions" in 1989, we laid
the groundwork for what has been a successful supplier
policy. The concentration of 50% of turnover with four
major suppliers, both in electronics and, subsequently
in appliances, has created a strong basis of co-operation,
increased sales year-by-year and provided us with a series
of exclusives products with better margins. We helped
to change supplier market shares in Europe, introduced
all major suppliers in all Expert countries and were influential
in the re-organization of supplier structures at European
level and in the way they work with buying groups. |
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In our efforts
outside of Europe we have found credibility with suppliers
based on the way we work together in Europe.
Today a 50% concentration with four suppliers would be
nothing special anymore. Also the level of co-operation
we reached at European level is different per supplier
and has fluctuated over time. |
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Our new
supplier policy is based on our possibility to contribute
to, influence or change the way that our own national
organizations, suppliers and markets operate, while leaving
aside those aspects we cannot influence. In practice this
means that Expert International is concentrating on those
suppliers who want a meaningful
co-operation at European level.
This policy brings a more efficient use of our resources,
generates income for marketing purposes to support the
respective brands and expands our exclusive products base.
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