Anixter and Siemens Agree to Master Purchasing Agreement to Supply Products and Services on a Global Basis
GLENVIEW, IL.—June 18, 2015 —Anixter is proud to announce that it is now a Master Purchasing Agreement holder with Siemens AG. This agreement will allow Anixter to work with Siemens on a global level across segments and countries with standardized terms and conditions.
With this Master Purchasing Agreement, Anixter is able to supply Siemens on a global basis, irrespective of the location of engineering, procurement or the final delivery location as well as in-country language and currency requirements.
“We are pleased to announce this Master Purchasing Agreement with Siemens,” said Bob Graham, Executive Vice President Electrical and Electronic Wire and Cable . “We are confident that this will create a long and mutually beneficial relationship between our two companies. This presents a unique opportunity to quickly deliver solutions for multiple platforms and locations.”
A key platform opportunity is Siemens Building Technologies, with Anixter’s offering including security, building automation, fire safety and many other critical building technology areas that can be standardized for Siemens to provide faster deployment.
Anixter provides numerous products and services that are used across many of Siemens’ product groups resulting in shared efficiencies and savings in both product and total cost. Siemens consistent global manufacturing furthers Anixter’s ability to excel within the areas of materials management—from spot buy to vendor management inventory (VMI) —while delivering product constancy worldwide.
As projects becoming increasingly global, the need for companies to competently navigate through multiple channels is necessary. Anixter’s and Siemens’ partnership allows for greater efficiency in all stages of the global supply chain.
For more information visit anixter.com
Anixter International is a leading global distributor of enterprise cabling & security solutions and electrical and electronic wire & cable. The company adds value to the distribution process by providing its customers access to 1) innovative inventory management programs 2) approximately 400,000 products and $800 million in inventory 3) approximately 220 warehouses/branch locations with 6 million square feet of space and 4) locations in over 250 cities in more than 50 countries. Founded in 1957 and headquartered near Chicago, Anixter trades on the New York Stock Exchange under the symbol AXE.