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Procurement Rising: The Silent Inflation Tax on Manufacturers

ivalua

Ivalua Spend Management Insights [ivory-search] Procurement Rising: The Silent Inflation Tax on Manufacturers February 27, 2023 | | Manufacturing by Doug Keeley Last year, the Consumer Price Index was the highest it has been in four decades, making inflation one of the most concerning macroeconomic factors facing the business world today.

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Another Asian Trip and Added Apple Sourcing Options

Supply Chain Matters

From a supply chain sourcing perspective, a consistent theme in media reporting has been exploration or hints for added Apple supply chain sourcing. Production currently sourced include products such as iPad , AirPod and the Apple Watch. These latest overtures for new sourcing activities can be interpreted in many dimensions.

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Auto Industry Concerns in Sourcing Moves Within Mexico

Supply Chain Matters

Supply Chain Matters highlights concerns raised by automotive industry interests regarding evolving component sourcing among China based suppliers within Mexico. The Wall Street Journal has now reported that BYD has set its sights on Mexico as a likely path for expansion into the North American market.

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The introduction of E-Procurement.

ModusLink Corporation

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017). Furthermore, e-procurement enables price negotiation and supplier evaluation.

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Boeing’s Potential Sourcing Reversal- Financial or Operational?

Supply Chain Matters

Reports of Talks to Acquire Spirit AeroSystems Likely the most significant added development occurred late last week with reporting by The Wall Street Journal (Paid subscription) and other financial media that Boeing is in talks to acquire major aircraft fuselage component supplier Spirit AeroSystems. All rights reserved.

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Top Apple Procurement Executive Departing After Allegations of Inappropriate Remarks

Supply Chain Matters

Bloomberg, citing informed sources, reported today that Apple’s senior most procurement executive is leaving the company after a viral TikTok video provided an off-color statement in an attempt of humor. COO Williams is noted as now acting as chief procurement executive until another executive is named to this leadership position.

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EC Sourcing Group Expands its Leadership Team

EC Sourcing Group

Sourcing Industry Veteran, Paul Martyn, joins EC Sourcing Group’s Leadership Team. EC Sourcing Group Expands its Leadership Team: Procurement and strategic sourcing technology company, EC Sourcing Group, welcomes industry veteran, Paul Martyn, to its executive leadership team.