The company employs a region-of-use production strategy supported by region-of-use supplier partners. Global and regional commodity teams work with production leadership, product management, and materials management to source materials. The company procures various raw materials, including steel, zinc, brass, other non-ferrous metals, and electronic components. Fixed-cost contracts are utilized when appropriate to reduce overall costs.
Allegion Plc's Comment on Supply Chain
The company employs a region-of-use production strategy supported by region-of-use supplier partners. Global and regional commodity teams work with production leadership, product management, and materials management to source materials. The company procures various raw materials, including steel, zinc, brass, other non-ferrous metals, and electronic components. Fixed-cost contracts are utilized when appropriate to reduce overall costs.
Sources:
Allegion Plc's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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