The Danish industrial interest organisation Dansk Industri (DI) has launched a new project with the goal of saving Danish companies millions of kroner by co-operating more closely with their suppliers.

Tighten the chain
The project to optimise supply chains has already been adopted by 20 of the country’s most high-profile companies and has been aptly named ‘Stram kæden’ (tighten the chain).

According to Karsten Dybvad, the head of DI, despite work market reforms and conservative wage developments in recent years, Denmark still has a long way to go to compete internationally and retain jobs.

“It’s completely crucial for Denmark’s productivity, competitiveness and hence possibility to keep jobs in the country to bring down costs,” he said.

“Companies need to dare to believe that by focusing on co-operation with their suppliers there are big gains to be made for both of them.”

As much as 80 percent of companies’ costs are related to their supply chains in the form of purchasing raw materials, transport and storage. The DI initiative aims to help companies bring down these costs.