This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Recently, I had the pleasure of hanging out with 16 different Tier 1 automotive manufacturers in the same evening. Quite a few of our customers are located in the Detroit area where we recently hosted a networking event featuring Nexteer Automotive. Manufacturers need better supplier information.
The Belgium-based automotivesupplier, 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.
Recently, I had the pleasure of hanging out with 16 different Tier 1 automotive manufacturers in the same evening. Quite a few of our customers are located in the Detroit area where we recently hosted a networking event featuring Nexteer Automotive. Manufacturers need better supplier information.
In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. The impact suppliers have on the products you make and sell, good and bad, is just too significant to be ignored. Here are three examples.
When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.
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.
In my last blog post , I talked about how the need for better supplier information was a dominant theme across the automotive industry, as well as for many other discrete manufacturers. The impact suppliers have on the products you make and sell, good and bad, is just too significant to be ignored. Here are three examples.
The Belgium-based automotivesupplier, 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.
These include new Advanced Product Quality Planning (APQP) and New Product Introduction (NPI) capabilities, as well as enhancements to its existing Bill of Materials (BOM) Lifecycle Manager. Ivalua’s new product quality capability provides customers with a proven quality management process, called APQP.
Hutchinson is a global leader in the design, manufacture, and sale of smart mobility solutions for a variety of markets including automotive, aerospace, defense, rail and industries. Hutchinson started digitalizing procurement in 2014 with Ivalua’s supplier relationship management and spend analysis modules.
Ivalua’s view point in this area is that procurement has struggled to deliver value through cross functional collaboration due to some specific challenges, especially in organisations in manufacturing, automotive, defence and aerospace, where direct spend is significant and critical.
A supply chain event can have a massive impact on operations and production quality and leave customers in the lurch, impacting customer satisfaction, revenue, and profits. For example, consider the challenges in the automotive industry that stem from the supply chain issue in chip manufacturing. Risk Metrics.
You can’t get much further apart than automotive braking systems and cosmetics in terms of products, but actually at the heart of the sessions from Chassis Brake and L’Oréal there were some common themes. . Transparency and legibility towards suppliers. We then had two very good but different customer sessions.
It also requires a focus on procurement-supplier relationships, and striving to be the customer of choice for your suppliers. Yet today’s Procurement organizations are plagued with inefficient processes, poor supplier stakeholder collaboration and data silos. Balancing New Priorities Makes Procurement More Valuable.
including the following sectors: Aerospace and Defense, Automotive, Construction, Electronics, Energy, and Consumer Products and Apparel. 14057 issued by the White House Council on Environmental Quality (“CEQ”) in August 2022, the provisions of Section 208 within E.O. PFAS chemicals are widely used across the U.S.,
For procurement professionals, this development presents new challenges in cost management, supplier relationships, and regulatory compliance. For example, UK manufacturers importing components from the US for use in automotive or technology products may see their profit margins squeezed.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content