June 19, met the President of OJSC AvtoVAZ Boris Alyoshin and managers of 120 major suppliers of the plant. The meeting was sounded a number of key decisions relating to the optimization of AvtoVAZ with companies manufacturers of components.

In order to implement measures to reduce the purchase price, the leadership of AvtoVAZ demanded from suppliers to reduce the cost of components by at least 10%. In addition AVTOVAZ will insist on a techno-economic audit of the companies-suppliers, which do not reduce the price and go with the initiatives to enhance the value of their products.

AvtoVAZ, for its part, continues to fulfill its obligation to repay accounts payable to suppliers. Since January 2009 the company has reduced debt over the past year to 25.1 billion rubles to 2.75 billion

However, at AvtoVAZ implemented operational changes within the company: management plant has decided to reform the management of procurement OAO AvtoVAZ, which, in the first stage involves the continuation of the provision of logistics services in a separate structure. This measure is adopted to separate the processes of procurement and supply, transparency, and control supply chain and reduce costs for the purchase of commodity-material values.

next step in this direction will be procurement of a modular system which allows to monitor pricing and engineering processes. In the future, will also introduced new forms of relationships with suppliers - electronic tendering and bidding.

According to Boris Aleshin, today at AvtoVAZ problem number one - get to the end of this year to positive cash flow. The economic realities of the crisis call for significant change relationships AvtoVAZ with its suppliers in the first place in the reduction of purchasing prices. I am convinced that change the current situation for the better can be achieved only through concerted efforts. Only when in a constant dialogue, we can find a way out of crisis.
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