Why Understanding and Using Cost Models Drives Successful Outcomes 

Cost models can play a crucial role in driving successful outcomes for purchasing departments. Used effectively, they help drive optimal design, reduce the time required to bring products to market, and help companies succeed. Here’s how cost models contribute to achieving favorable outcomes in purchasing:…

The Power of Strong Supplier Relationships in Nearshoring and Sourcing Opportunities 

In the face of global challenges, such as supply chain disruptions and shifting market dynamics, manufacturing OEMs are seeking alternative solutions to meet their production demands. One country that has emerged as an attractive option for opening production facilities with shorter delivery routes is Mexico….

Navigating Purchasing 4.0: Your Path to Success in Digital Transformation

Cutting edge purchasing organizations are embracing a digital transformation to leverage technology for smarter decision-making and improved results. This transformation, known as Purchasing 4.0, empowers purchasing organizations to optimize costs, connect with optimal suppliers, and ensure optimal quality levels. In this article, we will explore…