Würth Industrie Service GmbH & Co KG was able to achieve sales of €536 million in the 2020 financial year despite the market environment being characterised by the Covid-19 pandemic.
Rainer Bürkert, member of the Würth Group’s management team, comments: “The past year was challenging in every respect. The coronavirus situation temporarily forced us into a lockdown, combined with many extraordinary measures, we were still able to maintain the ability to act in all business areas, deliver our logistics and full-service system support in C-parts management, but above all to protect our colleagues and colleagues.”
From the perspective of a globally active trading company such as Würth Industrie Service, the global and country-specific restrictions were immediately noticeable. Restrictions due to lockdowns in numerous countries, early plant closures and delays in the movement of goods due to border controls turned out to be additional challenges, especially in the first half of the year.
As a company of the Würth Group, and part of the Würth Industrial Network, Würth Industrie Service has a strong industrial network of more than 60 companies, in over 40 countries, with a solid financial basis giving additional stability. Proactive action, continuous communication with suppliers, extensive supplier monitoring, the ability to fall back on alternative sources, and appropriate stocking of items, made it possible for the company to ensure that all customers were supplied at all times.
The trust of customers in contactless supply systems and automated procurement using eBusiness solutions in times of lockdown also gave Würth Industrie Service reason to look positively into the future.
“Thanks to our multi-channel strategy, which means that our customers can interact with us through a wide variety of channels – including contactless, digital and electronic – we can offer our customers exactly the procurement options they need for optimal C-parts management under all conditions, including in the pandemic,” says Martin Jauss, managing director of Würth Industrie Service.
Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
Will manages the content strategy across all platforms and is the guardian for the high editorial standards that the Magazine is renowned.
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