Purchasing Materials Management - vdma.eu
Purchasing and Materials Management
Effective and efficient material supply in the company
On average, material costs in the mechanical and plant engineering sector account for about 50 per cent of the company's total costs. At the same time, the trouble-free supply of materials is an indispensable prerequisite for functioning production and thus for the timely fulfilment of orders.
The optimal organisation of purchasing and materials management with regard to costs and security of supply is therefore indispensable for the competitiveness of companies.
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VDMA assessment of cost development and cost trends in 2026.
Monthly tracking of the market development of valve-relevant raw materials with a focus on non-ferrous metals
Monthly tracking of the market development of raw materials relevant to valves with a focus on steel and cast iron.
The VDMA Supplier Self-Assessment is a standardised questionnaire that companies can use with suppliers regardless of specific procurement purposes. Highly topical with the mapping of regulatory requirements from MVO and CRA.
The new version of the NIS directive will in future oblige manufacturers of "critical products" such as machines or control components to implement cybersecurity in their own operating environment.
The VDMA Supply Chain Security specification gives purchasers a standard-compliant aid to minimum requirements in accordance with IEC 62443, simplifying the process for both sides without sacrificing security.
Although the situation in supply chains has eased, prices remain an important issue. To get an overview of current developments, it is worth taking a look at the interactive report.
A successful event: on May 11, 2022, 60 participants exchanged views on top issues ranging from sustainability management and climate neutrality to "zero impact" in raw materials at the Corporate Foresight spring conference. Exciting presentations, interesting discussions and inspiring networking.
The ability of companies and value chains to deal with fluctuations in demand in a different way than adjusting delivery times will increasingly become a success factor in the future.
The selection and management of suppliers play an important role with regard to the company's ability to deliver and its costs. The complexity of global value creation structures has increased in recent years.
In a compact guide, a working group of the VDMA Purchasing and Materials Management Committee has described what the basic principles and success factors are for successful purchasing work in mechanical engineering.
Events
68. Meeting of the Purchasing and Materials Management Committee
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