Procurement Software for Electronic Industry
Flexibility is the watchword for electronics companies as disruptive manufacturing technologies, shifting economies of both location and scale, and global consumer demand trends continue to drive radical changes in how products are designed, built and brought to market.
Hardened historic rules of manufacturing are being overturned and competitive barriers to market entry are falling. To compete, procurement specialists in the electronics industry need to think differently about how they build and manage supply networks. The need of the hour is to gain real-time, granular and universal visibility throughout global supply networks in order to:
- Promote supply-network flexibility and rapid adaptability.
- Capture innovation (and discover new competition) as it emerges within the supply base.
- Support ongoing transitions to emerging manufacturing models – for example moving from globalization to localization, from standardization to customization, and so forth.
Intelligent engines for supplier discovery, negotiation and contracting, supplier relationship and performance management will empower procurement specialists to adapt rapidly to shifting requirements of scale, volume, specialization and location in order to help their companies compete successfully in the new competitive landscape.
To read about our procurement solutions for the electronics industry, download brochure