Remove category chemical-and-manufacturing
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Sourcing In India Vs China: Which is Right For Your Business?

SourcX

In the wake of the Covid-19 global pandemic, many firms are considering how they should restructure their supply chains and which countries would be best suited to their sourcing and manufacturing goals. Benefits of Manufacturing in China. China has long been regarded as the manufacturing capital of the world.

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Why Does Each Step of Buyer-Vendor Relation Require Governance

SIG Speaks

This means a professional buyer, negotiator, supplier/vendor manager, sourcing professional, or category manager must have good skills in their “basic” profession. This is just a task to do.” These words are the opposite of how I see modern governance in business and risk management. Whether or not we are aware of this, this is a fact.

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Business Model Mapping, Cost Modeling & TCO

SIG Speaks

This has further enabled us to know that few suppliers who were earlier in either Transactional or Approved Category have the potential to convert them further on Sourcing Continuum to preferred and Output/Outcome-based economic model. An excellent program has come to an end, but the concepts learned will be with us forever.

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Tail Spend Analysis: What Is It, How To Perform It, and the Benefits

Planergy Software

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How to gain visibility and control of your indirect spend. How to report and analyze indirect spend to identify savings opportunities.

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Deep Dive into Global D2C Brands: 5 Brands Making A Difference

Mattsen Kumar

The practice of manufacturers selling directly to customers is gaining popularity. D2C, aka Direct to Consumers, is a business model used by companies that produce/manufacture their products and sell them directly to customers. A D2C brand invests in product innovation, design, and manufacturing. What is A D2C Brand?

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What to keep in mind while choosing a 3rd party quality monitoring agency for your business

Mattsen Kumar

Since you’ll be coordinating with manufacturers located overseas, it’s wise to have an outside party monitor your orders on a daily basis to ensure they’re being properly executed. “Quality is never a fluke. ” Let’s begin this blog with a thought. Is it really necessary to conduct inspections?

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Simulating the future in the semiconductor industry

Capgemini

AI is proving especially useful for manufacturing and for predicting trends where multiple, complex, data-heavy externalities are in play. Yet, it still might be calm before the storm: Generative AI has the potential to be the most disruptive – and its impact is just beginning. For the chip industry, it’s about to change everything.