Size of registered suppliers
The Telefónica Group is a growth engine in the markets in which it operates, and it takes on suppliers of varying sizes. Breakdown of suppliers by size of turnover |
|
| Turnover size | Nº of suppliers | % of suppliers |
|
|
|
| Upto 50,000 € | 19.459 | 64,42% |
| Between 50,000 and 100,000 € | 2.565 | 8,49% |
| Between 100,000 and 500,000 € | 4.507 | 14,92% |
| Between 500,000 and 1,000,000 € | 1.243 | 4,12% |
| Between 1,000,000 and 2,000,000 € | 919 | 3,04% |
| Above 2,000,000 € | 1.512 | 5,01% |
NB: The total number of registered suppliers is not the same as the total number of countries, since one supplier may have contracts in various countries.Points worth highlighting in the analysis:
- For many of these companies Telefónica is not the sole customer, which eliminates the risk to their sustainability in the event that Telefónica stops buying off them.
- Telefónica boosts the local economy in many of the countries where it operates, offering opportunities to all kinds of suppliers, regardless of their size.
- The Telefónica Group's Procurement Model encourages competition between the various suppliers, improving the efficiency of resource management.