Remove Aerospace Remove Analysis Remove Procurement Remove Sourcing
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28 Procurement KPIs That Optimize Supplier & Buyer Performance

Silvon Software

Procurement is one core process area being focused to better manage today’s fluctuating change, with key performance metrics leading the way to assessing and managing procurement performance. The Basics of Procurement KPIs. Every KPI needs a clearly defined goal. Supplier KPIs.

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Using Spend Analysis to Understand Supply Chain Risks

NC State SCRC

The importance of conducting a thorough analysis of spend was emphasized in an interview with a Big Three automotive executive, who recalls how this first came to light in the 1970s during the dramatic run up in petrochemical prices. Procurement does more than just manage cost – they are being asked to manage risk.

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Parts Are Not Parts

Supply Chain Shaman

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. The largest increase is in Aerospace and Defense (A&D). Let’s take a closer look at sourcing. Days of Inventory by Industry Across Years.

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Supply Chain Risk Report: Ukraine-Russia Conflict

Resilinc

But the risk of war is already impacting supply chains, and an invasion of Ukraine by Russia would trigger extensive and enduring disruptions which supply chain and procurement managers should assess and prepare for. But after short-term declines, trade has resumed and even grown, according to Resilinc’s analysis of data from PONARS Eurasia.

Russia 97
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China Restricts Exports on Two Chip Metals, Raising Supply Chain Concerns

Exiger Perspectives

The New Trade Controls Will Likely Prompt Companies to Identify Alternative Sourcing Methods China’s move to restrict exports of two metals used in chipmaking and other goods poses a new threat to global supply chains, and makers of consumer electronics, solar cells, and semiconductors could see disruptions soon. In the U.S.,

China 40
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Tools for Mapping Complex Supply Chains: Tips for Your Toolbox

Resilinc

Discover the tools procurement pros and resiliency program managers use to take on the most complex supply chains. How many countries does it take to make an iPhone? Then, all of this information is kept on a clean, accurate single-source-of-truth platform. Supply chain mapping extends far beyond risk management as well.

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5 Key Strategies for Putting Quality First and Designing It from the Start

QAD

This means involving stakeholders from across the company, including engineering, manufacturing, procurement, quality, maintainability, serviceability and sustainability, plus key suppliers. Increases effectiveness of the risk analysis — your team is freed up to focus on finding yet-undiscovered risks. Take PennEngineering for example.