Author: Kloepfel
Renewal program “Future Brose” includes job cuts The Coburg-based automotive supplier Brose says it is pushing ahead with its transformation. This involves job cuts, as the family-owned company reveals in its press release. “Future Brose” With its “Future Brose” renewal program, the automotive supplier intends to secure its competitiveness and return to profitable growth. This is to be accompanied by investments in innovative technologies, expansion of the international production network and improvement of cost structures. Ulrich Schrickel, CEO of the Brose Group, explains: “In order to position Brose for the long term, we are relying on three central levers. We…
Promoting sustainable supply chains Food company Nestlé announces that it is stepping up its commitment to combating climate change. According to the corresponding press release, the focus is on regenerative agriculture. Likewise, electricity is to be switched to renewable energy. Reducing CO2 emissions to net zero Last week, Nestlé presented a detailed action plan. According to the company, measures will be taken to halve the Group’s emissions by 2030 and reduce them to net zero by 2050. This will be done while factoring in expected growth, the company stresses. Regenerative agriculture One of Nestlé’s priorities is to support farmers and…
“Supplier of the Year 2019” awards for special achievements. Continental has honored its best suppliers in its Automotive and Powertrain Technologies divisions with the “Supplier of the Year 2019” awards. Twelve of 900 strategic series suppliers received one of the awards during a virtual ceremony at the end of October. To select the award winners, Continental has conducted a broad-based analysis every year since 2008. Among other things, the focus is on special contributions at all levels of quality, technology and purchasing conditions. Large purchasing volume Some figures in the press release on the award ceremony illustrate the relatively large…
HWWI commodity price index increases slightly in October HWWI overall index rose by 3.1 % (US dollar basis) Crude oil prices fell by -0.7 Grain prices increased by 7%. (Hamburg, November 11, 2020) The HWWI commodity price index recorded a slight average increase in October compared to the previous month. Developments on the raw material markets were significantly affected by the rising corona infection figures in the USA and Europe, especially in the second half of October. The announcement of further lockdown measures in many European countries led to falling prices on the crude oil markets in the second half…
Dr. Christoph Hantel, head of the Volkshochschule Ulm, about the purchasing project with Kloepfel What were the goals of the project? As Volkshochschule Ulm, a center for adult education, we want to offer our course participants as well as our permanent and freelance employees the best service with our budgets. Therefore, it was obvious for me to investigate the purchase of goods and services. This is expressly not about the fees of our first-class course instructors, but about purchasing topics. For example, we look at the purchase of teaching materials, office supplies, marketing printed matter, cleaning services, craft services, electricity,…
Dutch dairy group plans major job cuts As the Dutch cooperative dairy company FrieslandCampina announced on Tuesday, it intends to cut around 1,000 jobs. This is the result of a press release in which it was announced that the change will be accelerated. The focus will be on growth, structural cost savings and optimization of the organization. The direct and indirect effects of the Corona pandemic are cited as the reason for the cost-cutting measures. High cost savings planned The Group is hoping to save more than 100 million Euro per year in structural costs from 2022 onwards, with the…
Focus on cloud services The traditional American IT group IBM recently announced that it will split up. The company intends to concentrate on cloud computing. At the same time, the business unit for IT services will be spun off into a new company. This is also to be listed on the stock exchange. The spin-off should be completed by the end of 2021. IBM sees a growing market for the cloud segment. Arvind Krishna, IBM Chief Executive Officer, speaks of a $1 trillion market opportunity for hybrid cloud applications. A hybrid cloud is a combination of public and private clouds.…
BME survey shows that risks are not perceived “Supply Chain Risk Management” is important to ensure a seamless supply chain. This topic is rarely prioritized by companies or defined as a separate organizational unit. Risks are only rarely perceived or are perceived as a sideline. These are the results of an online survey conducted by the Bundesverband Materialwirtschaft, Einkauf und Logistik e.V. (BME) and the Hochschule Fulda. Within the scope of this survey, 214 supply chain managers and executives from the fields of trade, industry and services were interviewed. The participants were asked about the position of SCRM within companies…
All over Europe, the daily Corona cases are rising again massively. Everywhere restrictions are re-introduced, which bring severe challenges to companies and individuals. For this reason, Kloepfel Group decided to offer again urgently needed COVID-protection materials via its specialized trading company ProCare. You can benefit from our international network, our professional quality assessment processes as well as our fast and strong logistic partners. We can offer you the following product categories: 3ply-Mouth-/Nose-Protection (Type I, II and IIR), FFP2 masks from production in Germany or Turkey, FFP3 masks with and without valve, Individually customized textile masks with FFP2-replacement filters, Isolation…
Private placement from Corning Research & Development Corporation of USD 20 million Munich, October 2020 – Kloepfel Corporate Finance GmbH (KCF) advised VIA optronics AG as exclusive M&A advisor in the private placement by the strategic partner Corning Research & Development Corporation, a subsidiary of the US-listed Corning Incorporated. Concurrently to the IPO of VIA optronics AG, the strategic partner is investing around USD 20 million. In return, Corning will receive approximately 1.4 million US Depositary Shares (ADS) at a discount of five percent at an issue price of USD 15. In total, the company now holds a stake of…
Kloepfel Benelux newcomer to the Dutch market Germany’s Kloepfel Consulting in Düsseldorf, with offices in Switzerland, Austria, and several countries in Eastern Europe, has launched a strategic partnership with the Dutch Procurement Services (Houten, Leeuwarden, Eindhoven) in 2019. Under the name Kloepfel Benelux, the procurement consultancy firm operates from Houten. Kloepfel Benelux specializes in Direct Material Optimization and responds to the increasing demand for international procurement advice. Direct Material Optimization (DMO) in two stages In the face of globalization for the Dutch manufacturing industry to maintain its competitive position, there is an increasing demand for support in international procurement and…
Together with Kloepfel e.GO pursued the goal of being able to offer the customer a low-priced electric car with a cost-efficient purchase of the components. Already during the product development unnecessary expenditures should be avoided to guarantee a procurement optimized purchase. Here, Kloepfel Consulting once again acted as partner and supporter throughout the entire process. “Already in the potential analysis we were convinced by the announced saving possibilities. We also liked the different measures that were implemented. This applied to tenders as well as outsourcing projects up to capex purchasing”. – Theodor Determann, CFO – member of the board and…
HWWI commodity price index falls in September HWWI overall index falls by 2.0% (US dollar basis) Crude oil prices fall by 6.5% Prices for food and beverages increase by 6.2% (Hamburg, October 2, 2020) In September, the worldwide increase in new corona infections again increased the uncertainty on the international raw material markets. The HWWI raw material price index did not continue its upward trend and thus reflected the development of crude oil prices. Growing fears of a renewed lockdown and thus a further slump in demand for crude oil caused prices on the crude oil markets to fall. On…
Find out with the Kloepfel Potential Analysis! With the Kloepfel Potential Analysis we find out your precive saving potentials by analyzing your entire purchasing process. You only have a little effort and you will receive meaningful results in less than three weeks. We also offer a money-back guarantee and contactless communication via video chat. The following figures reflect twelve savings examples from over 1000 projects: Drawing parts: 5% to 11% Semi-finished products: 2% to 5%. Plastic injection mouldings: 4% to 10%. Merchandise goods: 1% to 4%. CAPEX: between 3% and 8%. Freight & other logistics: 7% to 15% MRO: 9%…
Attention, toll trap! Freight forwarders often calculate incorrectly A cost driver has remained undiscovered in many logistics departments for years! This is because freight forwarders often calculate the actual toll costs incorrectly or repeatedly for customers. They justify this, among other things, with toll increases and the extension of the toll to the federal roads. Clients must be careful when doing so. We help you to find out why and how you should scrutinize toll tables from freight forwarders in order to reduce your logistics costs. First of all: Most freight forwarders charge correctly. The experts from the independent purchasing…
Engine manufacturer sees various possible uses MTU Aero Engines, Germany’s leading engine manufacturer according to its own statements, explicitly advocates the use of hydrogen for zero-emission flight. In its press release, MTU writes that it welcomes the so-called ZEROe concepts of aircraft manufacturer Airbus. MTU’s Chief Technology Officer Lars Wagner comments: “Hydrogen is also a very attractive future option for us as an engine manufacturer”. Immediate use possible MTU sees three possible uses for hydrogen. Hydrogen, for example, can be converted into sustainable, alternative fuels. According to the company, it can then be used immediately in existing aircraft and engines.…
Automotive supplier with solutions to optimize logistics ZF Friedrichshafen AG considers itself well prepared for the future. The automotive supplier makes this clear in a current press release entitled “ZF in the fast lane for intelligent, clean and safe commercial vehicle technology.” The company is well aware of the major tasks facing the commercial vehicle industry. Three of them are especially emphasized by ZF: Reducing CO2 emissions, increasing safety, and digital networking of fleets. For example, the company points out that in the EU, manufacturers must reduce the CO2 fleet emissions of new commercial vehicles by 15 percent by 2025.…
Focus on cloud services The traditional American IT group IBM recently announced that it will split up. The company intends to concentrate on cloud computing. At the same time, the business unit for IT services will be spun off into a new company. This also will be listed on the stock exchange. The spin-off should be completed by the end of 2021. IBM sees a growing market for the cloud segment. Arvind Krishna, IBM Chief Executive Officer, speaks of a $1 trillion market opportunity for hybrid cloud applications. A hybrid cloud is a combination of public and private clouds. Krishna…