Traditionally, our BOM suppliers provided us with products in the form of raw materials, components and systems. However, today they are increasingly supplying us with services such as assembly or even product creation.
This trend means our relationships are also becoming increasingly complex. To handle this complexity and leverage our combined purchasing power effectively, Philips Supply Management has created Philips-wide commodity teams.
These teams are headed by a Commodity Manager, who is authorized to negotiate on behalf of the whole Philips Community.
The commodities handled by these teams are:
| 