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Group Chief Executive's review
1 million+
products
20,000+
suppliers
350,000+
private label products
SourcingBuying the right products, with the right specification and at competitive prices is at the heart of our business. Wolseley's size and scale means that through our global sourcing programme we can search the world for the best products and buy in quantities that ensure we get the best prices.
With 72 per cent of our costs arising from the hundreds of thousands of products we buy, there is an opportunity to reduce our £12 billion purchasing bill by standardising some of our products and suppliers across the Group. Increasingly we will source products directly from manufacturers globally and sell more private label products through our extensive branch network.
Wolseley provides a powerful channel to the market for manufacturers' products and through our partnerships we are confident that we will continue to meet the needs of our customers as well as our own financial objectives.