April 12, 2021

Sourcing is No Longer a One-Trick Pony

With all things occurring in the world today, pandemics, natural disasters have led to larger times to manufacture/delivery, supply chain management—the processes, systems and ideologies are being challenged to think differently—particularly when it is involved in construction and operation phases of the asset lifecycle.

The lack of visibility of information regarding the assets/materials, missing information in asset registers and inventory systems, make it easier for procurement professionals to procure new rather than challenge the norm and procure from alternative sources (providing the materials meet technical and duty specifications).

storage yard with shipping containers

At Requis, we want to give you the information and agility you need in a centralised platform so when you have a requirement to procure you can choose from many options:

  • Source internally through your network of assets and operations.
  • Source surplus sitting outside of your organisation but fits the right criteria and duty.
  • RFx to your framework agreements.
  • RFx to all your categories prequalified vendors or (if there’s no availability at hand) look for additive manufacturing solutions.

Thought leaders are shifting the terminology of construction procurement and operational supply chain relationships from linear to network relationships. Supply chain professionals have more drivers to consider than just the supplier relationship, product, cost and certainty. What is becoming more important is not just the product itself, but also the time for delivery, circularity, reduction of project schedule and overall time on the tools.

Due to legacy systems, supply chain professionals have relied solely on linear relationship to deliver with certainty with ‘out of the box’ thinking, process and information to be taken out of the software. All knowledge and insight of the information is lost forever, because they’re often stored in an internal server that is no longer mapped to the event. Not kept properly or shared internally, differentiators and supply chain advantages may be lost forever or can’t be shared globally within your company…

This mentality of removing the barriers to visibility of asset information available to the supply chain managers across the entire asset lifecycle has been the foundation of Requis. We’re giving supply chain management professionals the ability to make decisions on procurement activities not just on relationship and unit cost but use the information at hand to focus on project schedule, cashflow and inventory helping supply chain managers deliver optimally in their roles and overall assist in the company’s success.

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Vincenzo Nici

About the Author

Vincenzo Nici

Vincenzo is our director of platform management. He has extensive experience in supply chain, platform management, strategy and marketing across the resources, energy, construction and engineering sectors.