Groupe
PSA further strengthened its commitment for the Indian market by organising a 2019
India Suppliers Summit in Chennai, soon after the Citroën brand launch in
India. The summit witnessed participation of more than 500 Indian suppliers.
The
supplier selection and retention in the Groupe PSA supplier base are guided by
corporate and social responsibility criteria. The selected suppliers will have
access to all Groupe PSA’s business opportunities worldwide, totalling Euros 42
billion in 2018.
Michelle
Wen, Executive Vice President, Global Purchasing and Supplier Quality, Groupe
PSA, Emmanuel Delay, Executive Vice President & Head of India-Pacific,
Groupe PSA, Gilles Le Borgne, Senior Vice President, Engineering & Quality,
Groupe PSA and Yann Vincent, Senior Vice President, Industrial SVP, Groupe PSA
presented the group strategy not only for India but also for global programmes,
including electric and hybrid vehicles at the summit.
Michelle
Wen, Executive Vice President, Global Purchasing and Supplier Quality, Groupe
PSA, said “In a context of fierce competition, Purchasing has a key role to
play in terms of performance for projects and serial life production phases. We
are looking for “QCD” (Quality, Cost & Delivery) performance, not only the
lowest cost per part, but also TCO (Total Cost of Ownership). The Monosokuri
approach, gathering engineering, manufacturing and purchasing will make the
difference towards competitors, and our sourcing with Indian suppliers will
lead to newer verticals and opportunities to meet customer needs and respond to
the technological shift. This summit also focuses on developing and integrating
a broad network of Indian suppliers through encouraging collaborative product
development, orchestrating and connecting information across the supply chain,
and understanding an ecosystem of suppliers and partners within it.”