We see how purchasing and supply chain there has remained competitive and strategic. As a result, purchasing at Bosch is a significant contributor to meaningful business development and to a functioning economy that enables technical progress, sustainability, and global prosperity.
Invented for life
Motivated by the desire to develop products that are ‘Invented For Life’, the German engineering and technology giant, Bosch, has continued to grow for more than 130 years. Bosch is now a huge global presence across several different sectors. Recent developments shaping its future cover a broad scope ranging from automated driving, electromobility and software-defined vehicles, via H2-technology, to smart home applications and semiconductors.
Robert Bosch, founder of the company once declared: “I would rather lose money than trust.” It proved to be an enduring, guiding principle and element of trust for its myriad customers, partners and suppliers whilst also addressing its products.
Bosch describes itself as an enterprise with a global brand reputation built upon quality, technology, and strong company values: “Our people, our values, and our culture are strong pillars upon which to build the future.” This unique setting courses through every division, function, and member of the Bosch team (429,000 was the latest staff count).
Bosch’s operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. These four divisions, operating in more than 460 sites in around 60 countries, are guided by the company’s overriding aim to use technology to help shape universal trends. Trends that include automation, electrification, digitalisation, connectivity, and an orientation to sustainability.
The company is also harnessing the talent and expertise of its roughly 48,000 software engineers in applying emerging technologies to develop and manufacture user-friendly, sustainable products to improve the quality of life of its customers while conserving precious natural resources.
