Caterpillar 40 years stand together through storm and stress and collaboration and win-win China supplier
For more than 80 years, Caterpillar Inc has been working on global infrastructure and has been working closely with global agents to actively promote sustained change across continents. In the past 40 years, Caterpillar has always believed that China plays an important role in the global market, and always regards it as an important part of the company's strategy.
Mentioned as Caterpillar's chairman and chief executive Doug Oberhelman in an interview: "we have been to China as one of our local market, so we are here to achieve long-term investment, we China customers and business development in Chinese commitment." And in this regard, to promote and achieve cooperation with Chinese suppliers and customers, Caterpillar is also one of the important commitments to the Chinese market.
In fact, from the beginning of the last century in 90s, Caterpillar has been an important part of Chinese as the company's supplier network, which is called the "extended enterprise", is the integration of local resources and strengthen the cooperation with suppliers China carried out a series of work. Starting in 1995, Caterpillar launched localized procurement in china. In more than ten years, the number of Caterpillar suppliers in China has increased exponentially. Through this strategy, Caterpillar not only created a competitive supplier network in China, but also improved the competitiveness of the company in the global supply network.
Frank Crespo, vice president and chief purchasing officer of Caterpillar, also said, "we have high expectations for suppliers in terms of product quality and performance. We are also committed to maintaining long-term collaboration with Chinese suppliers in the process of developing their world-class capabilities and global competitiveness.
In China, Caterpillar provides diversified support for its suppliers, such as professional training, technical exchange, joint research and development, and corporate culture construction. Through these training, suppliers in product quality, technical ability, production capacity and production management level has been improved, and to a certain extent, led the development of the entire construction machinery industry in china. As more and more Chinese suppliers become Caterpillar's business partners, these enterprises gradually improve their capabilities through the introduction of Caterpillar production system and 6 Sigma and other advanced management concepts, and grow into the local industry leader. Some of these enterprises have been able to expand their business to China, and even build factories abroad, and supply them to Caterpillar global plants with the help of Caterpillar's ability to cooperate. This means that with Caterpillar cooperation, Chinese providers have been developing faster and more efficient. And all this comes from Caterpillar's determination to join hands with China and build a brilliant future.
As Edward Rapp, President of Caterpillar group, said, "only when customers succeed, can we succeed.". At the same time, our suppliers will also be successful."
Today, Caterpillar is the world class giant in the construction machinery industry, the current big multi line combat, enough to prove the confidence of the construction machinery industry, and want to take the opportunity to expand the market share of enterprises, strengthen the strength of enterprises, strive for more and better resources. This series of strategic initiatives in China clearly demonstrates that Caterpillar will establish a sustainable long-term development goal in china.
