A material necessity: securing the supply chain

We’ve taken the steps to secure the materials needed
Vinod Philip

Procurement's major shifts, fueled by demand for resilience, sustainability, growth enablement and new technologies, provide a competitive edge to organizations that can address these challenges.

Vinod Philip

Member of the Executive Board, Siemens Energy

Specific challenges and solutions


In an uncertain world, it is vital that we diversify our supply chains and reduce our dependency on any particular source of raw materials. Our strategy involves:

  • The regionalization and expansion of supply chains.
  • Securing availability and prices through long-term contracts.