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> Danfoss Code of Conduct for Suppliers
 
 
 
 
 
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Goals and Strategy

Danfoss is a leader in its core business areas not only because its products are unsurpassed technologically but also because its prices are competitive. This places heavy demands on purchasing.

Our strategy includes:

  • Reducing yearly costs
  • Reducing the number of suppliers through purchasing consolidation
  • Reducing complexity through global procurement

The strategy and global coordination benefits both Danfoss and our suppliers in the following ways:

  • Danfoss divisions globally increase competitiveness through supply efficiency and cost reductions.
  • Suppliers develop active partnerships with Danfoss to enhance volumes and expand business opportunities.
  • Both parties develop a relationship for innovative technological and commercial cooperation.

 

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Danfoss is a global company that sells products and related services all over the world in an international network of sales companies, agents and distributors. The Group's production facilities are located at 53 factories in 21 countries, which complements our desire to be closer to our customers.

We are aware that globalisation is not about conquering the world, but becoming a natural part of the world. This is achieved by understanding and appreciating the cultures Danfoss operates in and at the same time seeking to make our own values understood. To the employees this means that Danfoss values local customs and cultures, while to the customer it means that Danfoss is present where needed - as local support, but also as a global player who can take on any challenge.