New Wave Group AB Annual_report_2018_EN_HQ | Page 17

NWG // FLEXIBILITY represented on site enables us to have a close partnership with our suppliers and to actively monitor and check that the producers take their social responsibility. We have our own CSR personnel working full-time visiting, monitoring and training suppliers in social and environ- mental topics. Through regular visits and good communication, we can detect any shortcomings in time and create long-term relationships that strengthen our collaborations. Production The Shanghai office New Wave Group’s largest purchasing office is located in Shanghai, where we have been established since 1992. The early establish- ment of the office has given us competitive advantages and is a reason for our success during the years. Today, we have more than 125 employees in China. The local presence and ability to control the manufacturing pro- cesses are examples of our strengths. New Wave Group also has purchasing offices in Bangladesh, Vietnam and India. New Wave Group owns a few factories. In Sweden, Seger Europe and Termo have production units for knitted items and Orrefors Kosta Boda glass making facilities. In the Netherlands, Toppoint runs printing operations for, among other things, pen and mug prints. In Denmark, Dahetra owns a production facility for embroidery and transfer printing. In the United States, AHEAD and Cutter & Buck have some embroidery production and Paris Glove a production unit for gloves. ng Pur ch Corporate Sports & Leisure Gifts & Home Furnishings + eti En t r e pr e e u r s h i p n as # # Sea transport is procured and managed centrally. Through consolidated transports between our suppliers and our host companies we maintain high precision and good economy in our transport- intensive flow. # # In order to maintain a high level of service, deliveries to the market are from local warehouses which in turn are supported by central ware- houses. The number of warehouse points is reduced in order to reduce capital tied-up at the same time delivery capacity is increased. # # By coordinating sales and distri- bution channels for both promo and retail we obtain additional synergies and reduce seasonal variations. A strong offer i Pr Desig n nt odu c t developme ti k ar sa # # Most of our products are manu- factured in Asia and are controlled via our established purchasing offices. P ro ce nt s e d or g a n ra l i i To ensure that quality, long-term sustain- ability, and economies of scale are achieved at all stages, we are working with the coordination of our flows: Group wide collaboration Decentralised organisation and entrepreneurship Logistics and warehouse = m o m a rk e t Premium Basic Ret a i l m a rk e t ANNUAL REPORT // 017