N! has established selective partnerships with the most important OE manufacturers, allowing the development of in-depth relations and actively working together to grow the business. Three levels of supplier agreements are considered:
1. Strategic Suppliers
– Benefit from a strong incentive/penalty system within the N! network
– Benefit from two strategic/business-development sessions per year, and from multiple business opportunities that will emerge
– Work in close cooperation with the Nexus Sourcing Committee to develop specific Group action plans and business opportunities
2. Preferred Suppliers
– Benefit from a strong incentive/penalty system within the N! network
– Challenged by the Nexus Sourcing Committee to develop specific Group action plans and business opportunities
3. Listed Suppliers
– Benefit from exposure within the N! network
– Be given the opportunity to become Preferred supplier, if justified for both parties
