Sourcing Strategies

FEV shows software solutions on the SDVerse marketplace

SDVerse, a US joint venture, unveiled the world’s first B2B online marketplace for software products in the automotive industry in Detroit on 30th September 2024. FEV, a global engineering services provider, supports the platform’s founding members General Motors, Magna, and Wipro as a launch partner with more than 30 of the company’s software products. These

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Quality Assurance Sourcing Strategies

Design discipline wards off obsolescence

As a fast-moving sector engaged in a strategy of continuous optimisation of design and manufacture, the electronics sector continually faces the prospect of older components and subsystems being obsoleted by newer products and removed from the supply chain. Jean-Noël Mamousse, Design Office Manager, GAIA Converter further explores. The replacements offered by suppliers may demonstrate similar

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Sourcing Strategies

How to source automotive-grade electronic components

When it comes to sourcing automotive-grade electronic components, engineers must be mindful not only of the availability of parts but also of their quality, reliability, and compliance with strict safety standards. The components used in vehicles, whether for engine control units (ECUs), infotainment systems, or advanced driver assistance systems (ADAS), are crucial to the overall

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Sourcing Strategies

What is second sourcing?

Second sourcing is a procurement strategy that involves a company identifying and engaging with an additional supplier for a specific component, material, or service it requires. This alternative supplier serves as a backup or supplement to the primary supplier, ensuring that the company is not solely dependent on a single source. The practice of second

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Sourcing Strategies

Where to source chips for cars?

The automotive industry is navigating an unprecedented semiconductor shortage, driven by a confluence of factors ranging from the COVID-19 pandemic to geopolitical tensions. For procurement professionals tasked with ensuring continuity in production and product innovation, understanding where and how to source these chips is an important part of their roles. Direct sourcing from manufacturers Sourcing

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Sourcing Strategies

Top tips for managing supplier relationships

Effective supplier relationship management is crucial for electronics procurement professionals. Building strong partnerships with suppliers can lead to better quality products, reduced costs, and a more resilient supply chain. Here, Procurement Pro offers some top tips for managing supplier relationships in the electronics industry. Establish clear communication channels Clear and consistent communication is the cornerstone

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Quality Assurance Sourcing Strategies

Improving reputation management through an effective procurement strategy

By Olivier Berrouiguet, CEO at Synertrade Reputation management is crucial for long-term success, enabling companies to improve credibility, market value and stakeholder relationships. A strong reputation can take years to create and can significantly transform public perception. However, a business’s reputation can also be negatively impacted instantly. This can prove costly and reversing the damage

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Sourcing Strategies

ERP systems, complexity, and RIRO

Author: Adam Fletcher, Chairman of the Electronic Components Supply Network (ecsn) Many column inches have been written over the past few years relating to supply and demand imbalance in the global electronic components supply network as the global market transitions from ‘Starvation’, through ‘Headache’ to where we are in Q1’24, the ‘Indigestion’ phase, as inventory

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Regulation Sourcing Strategies Supply Chain Management

Powering through sanctions: how to ensures stability in difficult supply chains

In recent weeks, the USA has intensified its stance against Russia. Numerous organisations, individuals, and companies, including Mornsun, a provider of power supply solutions and DC/DC converters, are now subject to strict US sanctions. Sebastian Fischer, Co-CEO of the Traco Power Group answers questions on the impact of these sanctions. What impact could these measures

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Sourcing Strategies Sustainability

Component sourcing the ‘green’ way

Laws covering the reduction of waste, such as the Waste from Electrical and Electronic Equipment (WEEE) Directive (2012/19/EU) and the UK’s Right-to-Repair Law introduced in 2021, are aimed at preventing the creation of WEEE; and the re-use and repair of end-equipment. In the past, surplus components were scrapped rather than allowing them to re-enter the

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