Press Release Company
15.11.2004|The group triumphs with its purchasing and logistic solutions 

GILDEMEISTER wins 2004 Innovation Prize ​​​​​​​

Bielefeld, November 15th. GILDEMEISTER will receive this year’s Innovation Prize from the Federal Association of Purchasing and Supply Management (BME) for its successful purchasing and logistics management system. Prof. Dr.-Ing. Raimund Klinkner, Deputy Chair of the Executive Board of GILDEMEISTER, will this evening accept the most important award in Berlin.

The company will receive the prize for its innovative procurement programme, which has consistently increased the efficiency of purchasing and logistics. The programme is based on three pillars: the coSupply management of suppliers enables supply partners to be integrated into Development and Logistics and thereby also into the value added process. Materials group management has team orientated cooperation between purchasing and technology at its forefront. Integrated “Global Sourcing” ensures that production locations can derive the optimal benefit from the procurement opportunities of the group. “Overall, GILDEMEISTER has established many different logistic networks and thereby remains competitive in the quickly changing global markets”, explains Prof. Dr.-Ing. Klinkner.

The successes of the programme, awarded a prize today, are impressive: As well as reduced storage and materials costs, GILDEMEISTER also profits from the effect of savings realised through standardisation and internationalisation. The long term goal remains to focus on the strengthened partnership framework.

GILDEMEISTER Aktiengesellschaft
The Executive Board

Disclaimer, Forward-looking statement

Disclaimer, Forward-looking statement

Statements relating to the future:This press release contains statements relating to the future, which are based on current estimates by the management regarding future developments. Such statements are based on the management's current expectations and specific assumptions. They are subject to risks, uncertainties and other factors, which could lead to the actual future circumstances including the assets, liabilities, financial position and profit or loss of DMG MORI AKTIENGESELLSCHAFT differing materially from or being more negative than that those expressly or implicitly assumed or described in these statements. The business activities of DMG MORI AKTIENGESELLSCHAFT are subject to a series of risks and uncertainties, which may result in forward-looking statements estimates or forecasts becoming inaccurate. Should one of these factors of uncertainty or other unforeseeable event occur, or should the assumptions on which these statements are based prove incorrect, the actual results may differ materially from the results stated, expected, anticipated, intended, planned, aimed at, estimated or projected in these statements. Forward-looking statements must not be understood as a guarantee or assurance of future developments or events contained therein.

There are two companies using the name “DMG MORI“: DMG MORI AKTIENGESELLSCHAFT with registered office in Bielefeld, Germany, and DMG MORI COMPANY LIMITED with registered office in Nagoya, Japan. This release refers exclusively to DMG MORI AKTIENGESELLSCHAFT. If reference is made in this release to the “DMG MORI group”, this refers exclusively to the DMG MORI AKTIENGESELLSCHAFT and its group companies.