Annual Report 2014

Responsible sourcing

The aim of sourcing is to provide Posti’s business operations with the high-quality products and services it needs. We are committed to responsibility in all of our sourcing, too.

Increasing the efficiency of sourcing was an integral part of the two-year, EUR 100 million performance improvement program launched in 2013. The program was completed ahead of schedule in the third quarter of 2014, and a significant portion of the savings were achieved by improving sourcing efficiency. In August 2014, we launched a new performance improvement program for 2015–2016, aiming at EUR 75 million in cost savings. In addition to achieving savings in sourcing, operational efficiency is sought by achieving synergy benefits through the consolidation of production, improving the efficiency of the ICT function and simplifying the product portfolio, for example.