- BASF plans to centralize Finance and HR services in a new global Hub in India.
- Supply Chain services will be consolidated at the existing Hub in Kuala Lumpur, Malaysia.
- Regional operations will continue for activities needing proximity to operations.
- The initiative aims to enhance cost efficiency and service delivery.
Transformation of Global Business Services
BASF is advancing its Global Business Services organization to enhance cost competitiveness, resilience, and service delivery. The company plans to centralize Finance and HR services in a new global Hub in India, while consolidating Supply Chain services at the existing Hub in Kuala Lumpur, Malaysia. This move is part of a broader transformation to create a consolidated service portfolio, drive standardization and automation, and leverage cost-efficient locations.
Regional Operations and Strategic Goals
Activities requiring proximity to operations will continue to be delivered regionally or locally. The existing regional Hubs in Berlin, Kuala Lumpur, and Montevideo will maintain their roles in delivering services at a regional level. BASF aims to strengthen its Global Business Services to support its strategy with competitive service structures, ensuring reliable internal service delivery and long-term cost competitiveness.
Employee Involvement and Future Plans
Further details of the initiative are being developed, with the involvement of employee representatives ensured in accordance with local laws and regulations. BASF's Global Business Services, consisting of around 8,500 employees, delivers services worldwide, including Finance, Logistics, Human Resources, Communication, Regulatory and Intellectual Property, and EHSQ (Environment, Health, Safety, Quality).
