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“Volkswagen FAST” initiative: Volkswagen Group redefines team-work with suppliers


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• Volkswagen intends to figure a mutation of a automotive
  attention together with clever partners

• Garcia Sanz: “The network of a whole automotive value tide will be even
  some-more critical in a future.”

• More than 100 CEOs of tip suppliers obtain information on innovations
  and tellurian networking within a Volkswagen Group

Dr. Francisco Javier Garcia Sanz, Member of a Board of Management of Volkswagen AG with shortcoming for ‘Procurement', introduces a new destiny beginning of a Volkswagen Group during a FAST-event.The Volkswagen Group had invited a pivotal tellurian suppliers to Wolfsburg currently for a kick-off eventuality of a new Volkswagen FAST (Future Automotive Supply Tracks) program. Dr. Francisco Javier Garcia Sanz, Member of a Board of Management of Volkswagen Aktiengesellschaft obliged for Procurement, launched a new corporate beginning together with growth and buying house members of a Group brands.

“The automotive attention is changing fundamentally. New technologies and shorter product cycles poise hurdles for a industry. In future, a pivotal success cause will be a rarely fit tellurian retailer network,” pronounced Procurement Board Member Garcia Sanz during a kick-off event. The Group-wide Volkswagen FAST beginning targets a best partners in Volkswagen’s general retailer network. “Together with a partners, we intend to forge forward with a globalization and innovations of a code and a whole automotive attention and to actively figure a destiny of a industry,” Garcia Sanz emphasized.

The design of a FAST module is to prioritize investments and make fit use of resources in closer team-work with suppliers. We aim to boost a series of product and routine innovations and to coordinate them even some-more effectively. The initial step will be to brand a best suppliers in an concluded preference procedure. Only these companies will accept entrance to Volkswagen FAST. These partners will be concerned in creation cycles within a Group during an progressing stage. For this purpose, we have determined a new creation interface. In return, FAST partners will also minister their ideas to a pre-series growth of vehicles during an progressing stage. At a same time, prolongation networks between Volkswagen and a partners will be harmonized even some-more closely in a context of a globalization strategies in sequence to beget serve synergy effects and get a limit probable benefit.