In his speech Frank talked about the reasoning behind this. Opening an own production facility in China was originally a dream of his father, Lutz Püschel, who did not dare to realize it back in the d……
COST STRUCTURE MANAGEMENT & RISK MITIGATION 2023
2023-01-04In 2023, we are confronted with many global risks and opportunities.
INFLATION
China is rather independent from price changes at international markets for raw materials. As China is our major production location, GSN‘s risk towards inflation is lower than in the Western part of the world. To further mitigate the risk of rising costs, we will move our level of automation even closer to 100% in 2023.
ENERGY COSTS
GSN‘s costs for energy in China have remained stable during 2021 and 2022. We expect the same for 2023 and rate this risk as low.
POLITICAL RISKS
Sadly, the world is not a fully peaceful place. We strongly hope that all conflicts between countries will be handled in a peaceful manner only. Our value chain is ready to adapt to changes to the current status quo within a few months time.
ECO-SOCIAL IMPACT
The human species causes a large eco-social damage foot-print that goes far beyond climate relevant damages. At GSN, we strive for innovation to mitigate GSN‘s overall eco-social footprint. We regard this as a positive challenge and we will enhance our status as eco-social best-in-class role model in the electronics industry.
GLOBAL ELECTRONIFICATION
More and more electronics is being used in almost all products globally. GSN will continue to develop new technological solutions to make the world a better place.
This is our perspective at GSN.
In his speech Frank talked about the reasoning behind this. Opening an own production facility in China was originally a dream of his father, Lutz Püschel, who did not dare to realize it back in the d……
I am thrilled to share some significant news with you all! As of April 1, 2024, I have been taking on my new role as Chief Development Officer of the GSN Group of Companies. I am grateful for the oppo……
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Position Overview: As a Sales Manager, you will play a pivotal role in establishing and leading our sales efforts in Delhi. Your expertise will help us achieve and exceed our sales targets, build stro……
One of the key drivers for continuous learning and improvement at GSN is employee engagement. We understand that engaged employees are more productive, innovative, and dedicated to their work. ……
We had the chance to revive the tradition of our annual company trip at the GSN Shenzhen Electronics Shenzhen Ltd. Our Shenzhen team spent two days filled with fun and teamwork, starting early in the ……
We are proud to announce that GSN has once again achieved the IATF 16949 and ISO 9001 certifications. These certifications demonstrate our commitment to maintaining the highest level of quality and re……
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