How CSR Improves Supply Chain Relationships

Tech companies have been among the early drivers of corporate social responsibility (CSR) initiatives but in general, businesses lack official performance targets and policies, according to Forrester Consulting. The inability to effectively assess individual suppliers and to measure overall supply chain performance are top impediments to progress. The research found CSR’s scope has grown beyond…

How China Plus One Diversifies Supply Chain Risk

Trade wars, tariffs and geopolitical concerns have spurred global electronics manufacturers to reassess their strategies regarding China. But rather than abandon the nation entirely, China Plus One is taking hold as a way to diversify supply chain risks. “Trade dynamics with China have changed,” said Vipul Kumar, manager, procurement and supply chain intelligence for business…

Supply Chain Visibility is Critical to Post-Pandemic Growth

When the Covid-19 pandemic hit, it disrupted global supply chains which forced organizations around the world to scramble to react. While there are many lessons learned from the pandemic, especially as we are starting to see the light at the end of the tunnel, it was clear early on that some organizations were better equipped…

WAN, digital

Covid-19 & Necessity Accelerate Supply Chain Digitization

The onset of the coronavirus epidemic has accelerated the supply chain digital transformation that has languished on businesses’ “to-do” list for years. Covid-19 has exposed barriers to collaboration that most companies tolerate under normal circumstances. It’s fair to say the electronics supply chain currently aspires to “normal.” Even before Covid-19 hit, 92 percent of companies…

Supply Chain Outlook 2020: Defining Competitiveness

Supply chains, more than ever, play an important role in defining competitiveness. However, emerging strategies for better managing spend and supplier relationships are helping to strengthen supply chain resilience and drive business growth. There’s no going back. We don’t visualize any situation where supply chain organizations can begin taking their foot off the pedal. Economic…

Direct vs. Indirect Supplier Management: A Closer Look

Back in the day, when factories served as the templates for developing business processes, the distinction between direct and indirect procurement spending was pretty straightforward: direct spend was focused on the things that went into your product – raw materials, components, subcontracted manufacturing services, and so on. Indirect spend, which some have leeringly referred to…

How Procurement Can Better Evaluate Risk vs. Opportunity

The semiconductor and electronics supply chain, like many other industries, is experiencing a renewed round of diversification strategies. There are a myriad of reasons and market opportunities driving the strategic shifts, but the bottom line remains a unified goal of increased business (volume and revenue) at improved costs with ever more finely managed risks. Among…