Our customers expect technology leadership, reliability, and cost competitiveness from AGCO, and we bring those same expectations to our supply base. Cost transparency not only strengthens our relationships with our suppliers, but it also offers our suppliers opportunities to identify possible process improvements to become more competitive in the market.
Strong and efficient suppliers help AGCO manufacture superior products.
AGCO’s partner suppliers maintain their elite and preferred status through serving as a true partner to the company, which includes engaging in open, honest discussions on cost transparency. Full supply chain collaboration on cost creates trust and leads toward building a stronger product for our end customer.
Our global team employs diverse, state-of-the-art tools to increase transparency, such as:
Value Stream Mapping
Value & Financial Analysis