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Supplier information challenges in the automotive industry

ivalua

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. lack of industry benchmarks to assess data management practices.

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Supplier Information Challenges in the Automotive Industry

ivalua

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. lack of industry benchmarks to assess data management practices.

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5 Steps Towards Modernizing Supplier Management

ivalua

Most supply risks, whether from disruptions or ethical violations, lurk not among immediate suppliers, but in the sub-tier. Effective risk management or improvement plans must include sub-tier suppliers. Yet visibility is broadly woeful, leaving organizations exposed and blind.

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New Goals for Procurement – Driving Revenue Growth Through Supplier Collaboration

ivalua

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). First of all, to really make the most of what your suppliers can offer, you need to manage the basics of supplier management well.

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Procurement in the Age of Uncertainty: 4 Lessons from the New Forrester Study

ivalua

This is a key reason for the shift towards a core platform for spend/supplier management – collaboration needs to be embedded in Source-to-Pay processes and it does not stop and end with any one process.

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The Impact of US Tariffs on UK Supply Chains: What You Need to Know

Oxford College of Procurement and Supply

Notable exports include Machinery and Equipment: High-value machinery, including industrial and electrical equipment, Pharmaceuticals: Medicinal and pharmaceutical products, Automobiles: Vehicles and automotive components, and Financial and Professional Services: Banking, insurance, and consultancy services.