Volkswagen Group has nominated the first 44 suppliers who will be collaborating on a new common strategic level under the joint FAST (Future Automotive Supply Tracks) initiative.

The suppliers were chosen for their performance in their respective fields of competence based on a systematic selection process.

"In future, it will not be the corporation with the best negotiating skills that has the advantage, but the one that has also successfully established an optimal supplier network", said Volkswagen procurement board member, Francisco Javier Garcia Sanz,

"The nominated FAST suppliers are important beacons in our network and I am looking forward to even closer and more intensive collaboration."

The first group of nominated FAST partners and their respective fields of competence are listed below:

FAST partner

Country

Field of Competence

DMG MORI AKTIENGESELLSCHAFT

Germany

Turning machines

GROB-WERKE GmbH & Co. KG

Germany

Machining, motor

Carl Zeiss Industrielle Messtechnik GmbH

Germany

Coordinate measuring devices

BP p.l.c.

Great Britain

Automotive fluids

ExxonMobil Oil Corporation

USA

Automotive fluids

Avis  Budget Autovermietung GmbH & Co. KG

Germany  

Car rental

Deutsche Lufthansa AG

Germany

Regular flights

DÜRR Systems GmbH

Germany

Surface technology

IBM Corporation

USA

IT-Services

Vodafone Group PLC

Great Britain

Mobile Communication and M2M Connectivity

Nvidia Corporation

USA

Infotainment

LG Electronics Inc.

South Korea

Infotainment

Delphi Automotive LLP

USA

ADAS (advanced driver assistance systems)

Mobileye Technologies Limited

Israel

ADAS (advanced driver assistance systems)

Kiekert AG

Germany

Door latch

MAHLE GmbH

Germany

HVAC (heating, ventilating and air conditioning)

Continental AG

Germany

Instrument cluster

OSRAM Licht AG

Germany

Headlights

Witte Automotive GmbH

Germany

Exterior door handle

Brose Fahrzeugteile GmbH & Co. KG

Germany

Door module

Sumitomo Electric Bordnetze GmbH

Germany

Wiring harness

Faurecia S.A.

France

Seat structures

Faurecia S.A.

France

Instrument panel

Samvardhana Motherson Peguform

Germany

Door trim panels

Dr. Schneider Holding GmbH

Germany

Air vents

Grupo Antolin

Spain

Headliner

Gruppo Mastrotto S.p.a.

Italy

Leather

Conceria Pasubio S.P.A.

Italy

Leather

POSCO

South Korea

Flat carbon steel

Aleris International, Inc.

USA

Aluminium flat rolled products

ZF Friedrichshafen AG

Germany

Damper (conventional)

Continental AG

Germany

Adaptive cruise control

Gestamp Automoción S.A.

Spain

Chassis subframe front

Fast-Partner

Country

Field of Competence

Aisin AW Co. Ltd.

Japan

Automatic transmissions

LG Chem

South Korea

High-voltage batteries

Valeo S.A.

France

Alternators

Tenedora Nemak, S.A. de C.V.

Mexico

Cast aluminium crank cases

Honeywell International, Inc.

USA

Turbo charger

Magna International Inc.

Canada

Axle drives

ThyssenKrupp AG

Germany

Assembled camshafts

CQLT Saargummi Technologies S.a.r.l.

China

Sealings

Bridgestone Corporation

Japan

Tyres

Samvardhana Motherson Peguform

Germany

Bumpers

Bollig & Kemper GmbH & Co. KG

Germany

Paint and process material

Mubea Carbo Tech GmbH

Germany

Carbon fibre

Pilkington Deutschland AG

Germany

Glazing

Corning Inc.

USA

Glazing

Coavis Co. Ltd.

South Korea

Fuel pumps

Show the press release

The FAST corporate initiative: Volkswagen Group Procurement nominates strategic partners

  • Focus on even faster implementation of innovations and the speedy realization of global strategies

 

The Volkswagen Group has nominated the first 44 suppliers who will be collaborating with the Group on a new common strategic level under the joint FAST initiative. These suppliers were chosen for their outstanding performance in their respective field of competence based on a systematic selection process. Volkswagen Group Procurement is responding to the challenges currently facing the automotive industry by working together with its suppliers under the "Future Automotive Supply Tracks" initiative (or FAST for short) and will implement technical innovations even faster.

 

"In future, it will not be the corporation with the best negotiating skills that has the advantage, but the one that has also successfully established an optimal supplier network", emphasized Dr. Francisco Javier Garcia Sanz, member of the Volkswagen Aktiengesellschaft Board of Management responsible for Procurement. "The nominated FAST suppliers are important beacons in our network and I am looking forward to even closer and more intensive collaboration." Volkswagen FAST is a fundamental element of the Group's "Future Tracks" program and is designed to equip Volkswagen AG's automotive network to meet future challenges.

The program was launched in February 2015. Extensive performance evaluations conducted over the last few months resulted in the selection of the first 44 suppliers; these companies are considered by Volkswagen to be outstanding partners in their respective sectors. In the next step, the Group will be deepening top management level discussions with the nominated partner companies. Going forward, the respective strategies and technological orientation in the individual categories will be even more closely coordinated and aligned. The aim is to successfully implement joint technological innovations ever faster than in the past and to realize vehicle projects worldwide even more efficiently and effectively.

The first nomination phase will come to an end in spring 2016. Suppliers not yet nominated still have the opportunity to qualify for the FAST program. Volkswagen continually reviews supplier performance for this exclusive partnership and adjusts the circle of FAST suppliers as required. The "FAST Summit", the first exclusive strategy conference with all partners, will take place in spring 2016.

With the FAST initiative, the Volkswagen Group is working together with its suppliers to respond to current challenges and the digital transformation taking place in the automotive industry. There is to be a sustained increase in the number of product and process innovations and in the speed with which these innovations are turned into real experiences for customers. In future, suppliers are to be involved in the relevant product innovation cycles within the Group at an even earlier stage than previously. In addition, the production networks will be harmonized even more closely in order to generate further synergy effects and derive the optimal benefit.

The first group of nominated FAST partners and their respective fields of competence are listed below:

FAST partner

Country

Field of Competence

DMG MORI AKTIENGESELLSCHAFT

Germany

Turning machines

GROB-WERKE GmbH & Co. KG

Germany

Machining, motor

Carl Zeiss Industrielle Messtechnik GmbH

Germany

Coordinate measuring devices

BP p.l.c.

Great Britain

Automotive fluids

ExxonMobil Oil Corporation

USA

Automotive fluids

Avis  Budget Autovermietung GmbH & Co. KG

Germany

Car rental

Deutsche Lufthansa AG

Germany

Regular flights

DÜRR Systems GmbH

Germany

Surface technology

IBM Corporation

USA

IT-Services

Vodafone Group PLC

Great Britain

Mobile Communication and M2M Connectivity

Nvidia Corporation

USA

Infotainment

LG Electronics Inc.

South Korea

Infotainment

Delphi Automotive LLP

USA

ADAS (advanced driver assistance systems)

Mobileye Technologies Limited

Israel

ADAS (advanced driver assistance systems)

Kiekert AG

Germany

Door latch

MAHLE GmbH

Germany

HVAC (heating, ventilating and air conditioning)

Continental AG

Germany

Instrument cluster

OSRAM Licht AG

Germany

Headlights

Witte Automotive GmbH

Germany

Exterior door handle

Brose Fahrzeugteile GmbH & Co. KG

Germany

Door module

Sumitomo Electric Bordnetze GmbH

Germany

Wiring harness

Faurecia S.A.

France

Seat structures

Faurecia S.A.

France

Instrument panel

Samvardhana Motherson Peguform

Germany

Door trim panels

Dr. Schneider Holding GmbH

Germany

Air vents

Grupo Antolin

Spain

Headliner

Gruppo Mastrotto S.p.a.

Italy

Leather

Conceria Pasubio S.P.A.

Italy

Leather

POSCO

South Korea

Flat carbon steel

Aleris International, Inc.

USA

Aluminium flat rolled products

ZF Friedrichshafen AG

Germany

Damper (conventional)

Continental AG

Germany

Adaptive cruise control

Gestamp Automoción S.A.

Spain

Chassis subframe front

 

Fast-Partner

Country

Field of Competence

Aisin AW Co. Ltd.

Japan

Automatic transmissions

LG Chem

South Korea

High-voltage batteries

Valeo S.A.

France

Alternators

Tenedora Nemak, S.A. de C.V.

Mexico

Cast aluminium crank cases

Honeywell International, Inc.

USA

Turbo charger

Magna International Inc.

Canada

Axle drives

ThyssenKrupp AG

Germany

Assembled camshafts

CQLT Saargummi Technologies S.a.r.l.

China

Sealings

Bridgestone Corporation

Japan

Tyres

Samvardhana Motherson Peguform

Germany

Bumpers

Bollig & Kemper GmbH & Co. KG

Germany

Paint and process material

Mubea Carbo Tech GmbH

Germany

Carbon fibre

Pilkington Deutschland AG

Germany

Glazing

Corning Inc.

USA

Glazing

Coavis Co. Ltd.

South Korea

Fuel pumps

 

Original source: https://www.volkswagen-media-services.com/en/detailpage/-/detail/The-FAST-corporate-initiative-Volkswagen-Group-Procurement-nominates-strategic-partners/view/2504807/7a5bbec13158edd433c6630f5ac445da?p_p_auth=hfVFy8Fv

Auto market intelligence
from just-auto

• Auto component fitment forecasts
• OEM & tier 1 profiles & factory finder
• Analysis of 30+ auto technologies & more