Manufacturers Intensify Sourcing from Mexican Suppliers

In recent days, we’ve had several conversations with manufacturing business leaders focusing on the potential crises looming in both Asia and Europe, potentially affecting their suppliers. They are concerned that intense Chinese military drills in the area surrounding Taiwan and Russia’s slashing of natural gas supplies to Europe are going to impact suppliers’ ability to…

Does Purchasing Have a Seat at the Big Table?

Approximately 70% of all manufacturing companies’ revenue is spent with third party suppliers.  The importance of the strategic management of that spend, across the entire purchasing lifecycle, cannot be overstated in terms of its impact on an organization’s financial success. But despite that imperative, do we, as purchasing leaders and professionals, have a seat at…

Identifying Suppliers in Mexico

Finding suppliers in Mexico has become much more difficult with the rapid surge of nearshoring activities in the past 18 months.  Recently, seven C-level executives and purchasing leaders at manufacturing companies shared their experiences related to finding suppliers in Mexico at an online Executive Roundtable.  One topic that stood out was the increasing emphasis on…

Nearshoring to Mexico

Industry Discussions on Nearshoring to Mexico Over the past few weeks, APD hosted 15 manufacturing executives and purchasing leaders in a series of small group Executive Roundtables to discuss best practices related to nearshoring to Mexico. Some of the more interesting discussion points are summarized below. Vice President of North American Purchasing for a sunroof…

Why Purchasing Departments are Choosing to Evolve Digital Transformation in 2022

Purchasing Departments are accelerating Digital Transformation efforts in 2022 to escape the pitfalls of conducting business with excel, eliminate the clutter, organize their data, and ultimately become more efficient.  Given the last 2 years with COVID, Digital Transformation in purchasing has become an essential hot topic, however in 2022 there’s a new twist:  Purchasing Departments…

Why U.S. Manufacturers are Expanding Their Mexico Supply Base in 2022

After decades of rapidly increasing the amount of sourcing in Asia, U.S. manufacturers are accelerating efforts to reduce costs and shorten their supply chains by “nearshoring” to Mexico. There are three main drivers that are bringing urgency to this issue and one little known reason why the time is right for expanding your supply base…