Procurement Software for Electronic Industry

Flexibility is the key as demand trends continue to drive changes in how products are designed, built, and brought to market.

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Electronic Industry Challenges

Key challenges ahead for procurement teams include:

Supporting old-new hybrid production models as disruptive manufacturing technologies continue to evolve and mature
Re-engineering supply networks to support greater on-demand manufacturing, shorter development, and product lifecycles, and rising consumer influence over product design and production planning
Continuing to meet rigorous regulatory and environmental standards, including documentation obligations
Exploiting emerging trends – such as open-source electronics – to reduce both R&D costs and time to market

The need is to gain granular visibility throughout global supply networks 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 to help their companies compete successfully in the new competitive landscape.

How We Can Help

Our strategic end-to-end procurement suite can help you influence sourcing, contracting, and spend decision-making.

It gives you the visibility, speed, and flexibility needed to balance the demands of maintaining shorter-term business viability and profitability against requirements for ensuring longer-term survival and future earnings growth.