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Procurement Sense
The Power of Transparency in Electronics Procurement: Why Knowing Your Suppliers’ Suppliers Will Define Success (2025–2030)
For the last two decades, electronics procurement has been measured by one simple metric: cost. Lowest price, fastest lead time, problem solved. Those days are over. Global disruptions, counterfeiting, sanctions, material shortages, ESG regulations, and geopolitical volatility have exposed a truth the industry has avoided for too long: ➡ You are no longer just responsible for your suppliers. You are responsible for your suppliers’ suppliers… and theirs… and theirs. In other w
vikramjethwani1
4 days ago3 min read
The Power of Transparency in Electronics Procurement: Why Knowing Your Suppliers’ Suppliers Will Define Success (2025–2030)
For the last two decades, electronics procurement has been measured by one simple metric: cost. Lowest price, fastest lead time, problem solved. Those days are over. Global disruptions, counterfeiting, sanctions, material shortages, ESG regulations, and geopolitical volatility have exposed a truth the industry has avoided for too long: ➡ You are no longer just responsible for your suppliers. You are responsible for your suppliers’ suppliers… and theirs… and theirs. In other w
Paul Kefford
Nov 183 min read
How to Optimize Your Procurement Process for a Competitive Advantage
In today's complex and competitive business environment, optimizing procurement is no longer just about cutting costs; it's a strategic necessity for enhancing operational efficiency, profitability, and resilience. A strategic approach to procurement can streamline operations, minimize waste, and position your business for long-term success. Key Strategies for Procurement Process Optimization Brace Strategic Sourcing and Vendor Development: Effective procurement begins with
Michael Crocefoglia
Nov 72 min read
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