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Germany: BMW to beat €4bn sourcing cuts target

According to Herbert Diess, the head of BMW's purchasing operation, the OEM is on target to significantly exceed its goal of cutting spending on bought-in components and supplies by €4bn (US$5.24bn) by 2012. In an interview with Bloomberg, Diess acknowledged that a purchasing partnership with Daimler will be instrumental in exceeding It’s time to log … Continued

According to Herbert Diess, the head of BMW's purchasing operation, the OEM is on target to significantly exceed its goal of cutting spending on bought-in components and supplies by €4bn (US$5.24bn) by 2012.

In an interview with Bloomberg, Diess acknowledged that a purchasing partnership with Daimler will be instrumental in exceeding

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