Category: Procurement

6 Total Cost of Ownership Considerations When Choosing a Supply Partner
Jul 14, 2018 Tony Lancione Procurement

Total Cost of Ownership will give you better overall cost in the long-run and will ensure the proper development of qualified supply partners.

5 Considerations When Choosing an Electronics Contract Manufacturer
Jul 3, 2018 Chris Walling Procurement

Keep these five considerations in mind when choosing an electronics contract manufacturer for your next project.

4 Smart Strategies for Sourcing in Any Trade Environment
Jun 20, 2018 William Crane Procurement

Implement these four sourcing strategies to ensure your organization is prepared to weather potential trade storms, empowering it to sustain long-term profitability.

3 Tips to Better Understand COTS Parts
Jun 15, 2018 Tony Lancione Procurement

While Off-the-Shelf and COTS are commonly used terms, they’re both words that refer to a commonly misunderstood concept.

Spend Analysis: Identifying Cost Reduction Opportunities
Jun 8, 2018 Andy Tankanow Procurement

Perform a spend analysis to identify cost reduction opportunities and ensure maximum resource efficiency at the lowest possible cost.

3 Reasons to Involve Procurement in Product Design
May 11, 2018 Tony Lancione Procurement

By working with designers and engineers during the design phase, procurement teams help answer design and materials questions that commonly solve problems long before they happen, ultimately improving timeline efficiency and costs.

8 Advantages of Supplier Development
Mar 31, 2018 Tony Lancione Procurement

Implementing and executing a well-designed supplier development program will improve supplier communication, quality, and timing and lead to better all-around supplier relationships.

Segmentation as a Purchasing Strategy
Mar 2, 2018 Karl Schneider Procurement

From our experience in automotive manufacturing, we’ve found that there are four relationship-based segments which support the creation of a more effective purchasing strategy.

3 Actions for Sourcing Cost-Effective Injection Mold Tooling
Feb 23, 2018 Justin Coffin Procurement

Many factors should be considered when sourcing tooling, but three simple actions will go a long way toward finding the most cost-effective solution for your organization.

4 Considerations When Sourcing a Carbon Fiber Supply Partner
Feb 2, 2018 Tony Lancione Procurement

Large OEMs are investing serious capital in carbon fiber production technology, and as a result, the carbon fiber market is growing quicker than ever in the aerospace, sporting goods, and medical industries.

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