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PSA Groupe organises 2019 India Suppliers Summit in parallel to the Citroën official launch in the country

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 Groupe PSA purchasing department presented its strategy to expand globally, in order to cope with Push to Pass ambition, with an increase by 50% our sales outside Europe.
 More than 500 suppliers attended the India Suppliers Summit at the occasion of the implementation of its new hub based in India
 Groupe PSA’s Leadership team will visit plants and meet with more than 30 suppliers to strengthen the relationship

Groupe PSA further strengthens its commitment for Indian market by organising 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 €42 billion in 2018.

Ms. Michelle Wen, Executive Vice President, Global Purchasing and Supplier Quality, Groupe PSA, Mr. Emmanuel Delay, Executive Vice President & Head of India-Pacific, Groupe PSA, Mr. Gilles Le Borgne, Senior Vice President, Engineering & Quality, Groupe PSA and Mr. Yann Vincent, Senior Vice President, Industrial SVP, Groupe PSA presented the group strategy not only for India but also for global programs, including electric & 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.”

The ethical, environmental and social criteria are crucial for the selection of a new supplier, that are regularly assessed by a third party. This assessment covers the following topics: environment, labour practices, fair business practices, and sustainable procurement. This assessment is used for the risk identification and for the selection of sites to be audited. Each supplier assessed receives a score card covering all relevant aspects of the evaluation.

 

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