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Tokmanni is Finland’s largest discount store chain, with a share of over 40% in this market segment. Tokmanni Group consists of 144 stores and approximately 2900 employees. Tokmanni Group’s net sales for the 2010 financial year amounted to EUR 634 million. Discount retailing sector is expected to increase its total market share, and Tokmanni’s aim is to enhance its position in this particular area. Our aim is to offer our customers a wide range of appealing products suited to their needs. In order to achieve this we need to take regional preferences into account on continuous basis and our challenge is to respond quickly to changes in demand. We have high expectations of our suppliers wherever they are in the world. Our aim is to develop long lasting and strong partnerships with our suppliers to be able to get the best value for our customers and maintain high standards throughout our supply chain. One of our goals is to gain benefits of economies of scale in self imports and private label purchasing. However, our purchase policy is flexible and enables us to make quick and diverse decisions when seen fit. Responsible purchasing In its supplier choices Tokmanni strives to take into consideration the ethical nature of the supplier’s entire operation. In 2009 Tokmanni joined a scheme known as the Business Social Compliance Initiative (BSCI), which supports and promotes accountability in importing and monitors suppliers. The BSCI is a European monitoring system for ethical procurement aimed at improving working conditions in the global supply chain and clarifying and standardizing the supervision of suppliers. |