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Sourcing at KONE is based on a category management approach to enable enterprise-wide coordination of sourcing activities, supplier management and optimal support for our global operations. Our sourcing professionals around the globe are systematically realizing synergies and cost reduction through internal and external collaboration. We collaborate with internal stakeholders and our suppliers to maximize business value and bottom line impact. We want to continuously improve customer value and profit contribution by proactively engaging best-in-class suppliers as well as our organization in collaborative teamwork. We will relentlessly provide innovative solutions and reduce the total cost of ownership so that KONE is competitively positioned in every market in which we compete.