BMW 2005 Annual Report Download - page 144
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143
[Supplier relationship management]
Supplier relationship management (SRM) uses f
o-
cused procurement strategies to organise net-
worked
supplier relationships, optimise processes
for supplier qualification and selection, ensure the
application of uniform standards throughout the
group and create efficient sourcing and procure-
ment processes along the whole added-value
chain.
[Sustainability]
Sustainability or sustainable development. The
United Nations Conference on the Environment
and Development, held in Rio de Janeiro in 1992,
resolved a global action plan for combating poverty,
ensuring a suitable population policy, promoting
urban development, human rights, trade, agriculture,
environmental protection, research and technology.
Referred to as Agenda 21, this action plan serves
to ensure sustainable development, preserving the
world’s natural resources and limiting the emission
of pollutants to a volume the environment can ab-
sorb or degrade.
[VALVETRONIC]
VALVETRONIC
provides variable valve lift, taking
over the function of the throttle butterfly, which is
no longer required. The result is an engine able to
breathe freely, saving fuel in the process.
[xDrive]
The xDrive all-wheel drive system distributes engine
power fully variably to all four wheels. The system
recognises at a very early stage when power has to
be shifted and reacts in fractions of a second. This
increases driving dynamics, ensures maximum trac-
tion and can maintain the vehicle’s directional stability
in critical situations.