New Wave Group AB Sustainability_report_2018_EN_HQ | Page 20

03 DHAKA SHANGHAI HO CHI MINH CITY BANGALORE IMPACT IN THE VALUE CHAIN New Wave Group influences and manages different parts of the value chain to varying extent. Because of the nature of the operations, our efforts are mainly put on sourcing, production and suppliers in the global supply chain. However, some subsi- diaries like Seger and Orrefors Kosta Boda have their own in-house production, where we also have direct influence. 4 China is our biggest country of production. In addition to our main office in Shanghai, where we have been operating since 1992, we have three minor offices in Qingdao, Xiamen and Nanchang. Our procurement strategy is to purchase directly from our suppliers and to cut intermediaries that could jeopardize our control of the supply chain. Being represented on site enables us to have a close partnership with our suppliers and to actively monitor flow of goods and quality. Purchasing offices in four production countries 200 20 OWN PURCHASING OFFICES New Wave Group is never far away from the production. We have our own purchasing offices in charge of sourcing and production. Our offices are located in China, India, Vietnam and Bangladesh, consisting of approximately 200 employees. ABOUT THE GROUP Over 200 employees 1992 Purchasing office in Shanghai since 1992