Buyers Meeting Point procurement by Kelly Barner

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(4/17/2014) The Diversity Supplier Search You Can Not Buy ...Because ThomasNet.com is Giving It Away

According to a 2011 study of diversity supply practices run by the Institute for Supply Management (ISM), “The challenge in running [diversity] programs that stands out the most is ‘finding quality suppliers’. Over 70% of ISM’s survey participants saw supplier identification as the greatest obstacle to building their diversity programs, with no other challenge being selected by more than a third of respondents (ISM Supplier Diversity Survey, December 2011: p. 5).

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(3/20/2014) Proactively Addressing Real World Supply Chain Risks

BELIMO, a world leader in the HVAC market, was faced with a growing challenge in their supply chain.

professionalstressTheir innovative, energy efficient electric and water actuators can be found in rail vehicles and ships as well as buildings such as the National Aquatic Center in Beijing and the Empire State Building in New York City. But with over three-quarters of their annual turnover coming from external sources, their global sourcing and project management teams were constantly concerned with maintaining the levels of parts supply required to meet demand.

BELIMO was afraid of well known disruptions like those that happened to other companies with global supply chains. The Thai flood in 2011 cost Western Digital ~33% of their market share to their main competitor, Seagate[1]. The challenges associated with leveraging the advantages of a global supply chain are not new, but BELIMO was looking for a new solution to protect against financial and reputational losses.

 

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