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The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions.
The Belgium-based automotive supplier, specialising in sustainable and affordable propulsion system solutions, deployed Ivalua’s platform in September 2020 for the sourcing of components for the DT2 program, within the company’s Joint Venture operations: Punch Powertrain PSA e-transmissions. About Ivalua. About Punch Powertrain.
If this foundation does not exist or if it is shaky, then buyers don’t know how much the company is spending with a given supplier, let alone how they can improve the efficiency or impact of a given spend category. Direct spend suppliers are large, global, and absolutely critical to the company’s operations and their competitive advantage.
Frédéric began his career in the automotive industry as product manager for Renault-Dacia in 1999 before being appointed in 2006 Renault program director for the Middle Range segment.
When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. To top it all off, extremely tight supply markets have further shifted negotiating leverage from buyers to suppliers. Even reducing costs often depends more on effective collaboration rather than negotiation in today’s market.
But the highlight was hearing from Mark Gursky, Director of the Procurement Center of Excellence at Meritor (a $4 billion global manufacturer of automotive components). He explained how procurement in that business was contributing towards ambitious targets for growth via new product launches.
The approach is unusual but not unprecedented — in 1975 the government outlawed what was viewed as abusive sales tactics by the automotive industry by creating so-called “lemon laws” that gave new rights to car buyers stuck with inherently defective automobiles.
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