The voestalpine Group’s purchasing power academy has been nominated for the World Procurement Award 2017 in the “Learning and development” category.
The World Procurement Award is presented in 15 categories and is the most significant international award that companies can win in the area of procurement. voestalpine is one of this year’s finalists in the “Learning and development” category. Delphi Automotive, Roche, and ABB were among last year’s winners. Companies from 36 countries entered submissions for the World Procurement Awards, which will be awarded for the 11th time in London on May 17.
"Being one of the finalists for the most significant procurement award is a great distinction for our company and for the entire Purchasing Power Academy team."
Purchasing Power Academy—the Group-wide purchasing academy
The Purchasing Power Academy was established in 2014 for all Group employees involved in the procurement process. The goal of this uniform, specialized educational concept is to continually optimize procurement at voestalpine to support its around 400 buyers and customers. The Purchasing Power Academy has three levels: Specialist, Master, and Lead Buyer.
The Academy offers training for buyers by buyers. Each training module is developed by a Group employee who functions as a mentor. Documentation, learning apps, video conferences, and live seminars are used to impart the content both theoretically and practically (e.g. negotiations and conflict management).
New voestalpine corporate design
The voestalpine Group is marking the consistent implementation of its strategy and its changing self-image by updating its visual identity: its transformation from a European steel company to a global technology and capital goods group is now also being mirrored in its corporate design. The new visual identity combines tradition with future expectations, and increasingly symbolizes dynamism and a focus on the future.