powerpoint - miners network consulting, llc - 2016
TRANSCRIPT
SCOPE
Initiative
Strategy, D
Challenges with Solutions
Sourcing Commodities
Contact
4
MNC Initiative
Common Business Challenges… Sourcing mission and goals are not
aligned to the strategic objectives of the department/company
Failure to leverage volume (economies of scale) - with fewer suppliers
Increasing cost pressure and competitive threats
Difficulty collecting and analyzing key data, compounded by poor quality of data
Lack of automated, integrated process; failure to utilize technological solutions
Strained relationships and lack of trust with suppliers
Lack of innovation and new-value creation from supply base
Competitive outsourcing solutions vs. internal operations
Reduce overall category spend and total landed cost at raw material and component level
Internal vendor management o effectively manage supplier capabilities
Leverage technology and streamline routine procurement processes
Influence key business strategies early in the decision process
Fact-based decisions supported by rigorous data analysis and information accessibility
Define, monitor and measure key supplier performance metrics
Contingency planning; proactive risk prevention and mitigation strategies ready to be deployed when necessary
Benefits & Solutions…
Challenges with Solutions
• Understand Business Strategy, Objectives and Situation
• Conduct robust data and process gathering and analysis
• Accurately describe and depict the current state
DISCOVER DIAGNOSE• Identify performance or behavior
indicators that are symptoms of a problem
• Build Baseline by defining problems and key drivers
• Evaluate advantages and disadvantages of alternatives
DELIVER DEVELOP• Gameplan - Define project scope,
objectives, approach, time line and deliverables
• Create solution alternatives to address key issues; align solution to the business strategy
• Customize solution to specific business needs and culture
• Propose Actionable recommendations• Present plan or road map to implement
plan and prioritize initiative• Gain key stakeholder support• Communicate, implement and execute
transition plan
Strategy – D 4
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Sourcing Commodities
PRECISION MACHINING – Flanges, Bosses, Bushings, Spacers, Weld Nuts, Couplings, Rods, Shafts, Pins, Brass Fittings, Hydraulic Components
FOAM – Absorption, Dampening, Acoustical, Thermal, Barriers, Gasketing, Insulation, Isolation
WIREFORMS – Formed Rods, Handles, Stays, Torsion Springs
RUBBER – Sheet (Adhesive), Bushings, Grommets, Gaskets, Seals, Moldings, Mounts, Shock Absorbers, Trim
HARDWARE – Fittings, Fasteners, Hinges, Studs, Adaptors, Nuts, Bolts, Couplings, Retainers, O-Rings
FABRICATIONS – Sheet Metal and Tubular, Stampings, Assemblies, Weldments, etc.
Metal Sourcing – Precision Machining
Flanges
Spacers/Couplings
Bosses/Bushings
Pins/Shafts/Threaded Rod
Weld Nuts
Wireforms
Hinges
Brass Fittings
Hydraulic Fittings/Plugs
Metal Sourcing – Hardware and Wireforms
Misc. HardwareMisc. Precision Components
Metal Sourcing - MISC
Metal Sourcing – Sheet Metal and Tubular Fabrication
StampingsFabrications
Rubber Sourcing
Sheet/Rolls (Adhesive)
Bushings/Spacers/Grommets
Gaskets/O-Rings/Trim Mounts/Shock Absorption
Neoprene – Nitrile – EPDM – Chloroprene Rubber – Silicone – FlourosiliconePolyester Urethane – Polyether Urethane – Natural Rubber
Foam Sourcing
Neoprene (Blend) – Polyethylene – Polypropylene – FlourosiliconePolyurethane – Open Cell – Closed Cell
