EMS Outsourcing Guide

By Scott Anderson on 16 January, 2019

 

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In developing standardized procurement processes, operations and purchasing decision-makers should consider strategic sourcing as a part of their procurement best practices. However, they should keep in mind that strategic sourcing is not a single project but rather a key continuous process.

For those companies sincere about establishing control over their supply chains, incorporating strategic sourcing principles should be evaluated. Decision makers must ask: Do we control our supply chain, or does our supply chain control us?

Implementing strategic sourcing as a best practice can certainly increase the company’s profit margins if approached correctly. Even if your company has only recently added a procurement or supply chain manager, then the company is ready to begin exploring strategic sourcing.

It is important to remember that the goal is not to fixate on daily price and delivery time challenges. Instead, approach strategic sourcing as implementing processes and effective relationships, and the overall advantages realized through an effective relationship to achieve quality, price and delivery goals.

 See if outsourcing makes sense for your company here:

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Topics: Productivity, Strategic Sourcing

Author: Scott Anderson

Mr. Anderson joined Liberty Electronics as Manager of Engineering in July of 1999. In 2010 he was appointed Director of Business Development. He previously worked as a project engineer at Pratt and Whitney Aircraft and at Joy Mining Machinery. At Joy, Scott went on to manage international projects including quality improvement initiatives, computer system implementations, and new product development programs.

About Wired Success 

Wired Success is a Liberty Electronics publication for engineers, procurement professionals, and others in manufacturing and the supply chain who want to keep up with news, advances, and products for use in a range of industry sectors to include aerospace, defense contracting, rail, light transit, medical devices, and more. Please subscribe for regular updates or follow us on our social media channels. For media inquiries, please contact us here.

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