Supplier Management - Long-term and Reliable Cooperation
With many suppliers Rapunzel has been cooperating reliably for many years. It is crucial for Rapunzel that the suppliers share the same high quality standards as well as Rapunzel’s corporate values and goals. The basis for the cooperation form our supplier specifications.
Long-standing cooperation establishes trust and transparency on both sides. Transparency is developed through mutual visits and structured audits. If requirements are not fulfilled, the supplier relationship may be terminated.
Structured, annual supplier evaluations facilitate the continuous development of the supplier cooperation. Every two years, Rapunzel assigns a „Supplier Award“ for suppliers of raw materials and traded commodities. Particularly outstanding performance is honored with the “Special Award”.