Cut Cost, Reduce Risk, & Stay Ahead with Procurement Benchmarking
Benchmarking helps you reduce costs and improve supply chain reliability, all while helping you avoid costly mistakes. Learn about the steps to optimizing this process.
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Benchmarking helps you reduce costs and improve supply chain reliability, all while helping you avoid costly mistakes. Learn about the steps to optimizing this process.
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Procurement professionals interact with safety and performance regulations, but those are often addressed at the design stage. Conversely, environmental regulations directly impact sourcing decisions.
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Case Study - Cicor site in Bedford, UK: Achieving growth despite global uncertainty together with Mouser Electronics
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Successful implementation of agility includes flexibility, responsiveness, and foresight, as well as establishing and maintaining long-term collaborative partnerships with trusted suppliers.
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Learn how bellwether commodities help procurement professionals predict market trends and optimize sourcing in the electronics industry.
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Although datasheets tend to be dense and highly technical, here’s a crash course to help you navigate these documents effectively and determine if a component meets your needs.
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From improving communication and performing procurement audits to automating processes with digital technologies like AI, a more efficient approach to procurement is possible.
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Stress and overload are a reality for electronic component procurement professionals. While completely removing the sources may be difficult, there are resources, practices, and tools to help.
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Understanding how potential disturbances arise and how they impact procurement procedures is essential for navigating them effectively and ensuring a steady flow of components.
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Gray market electronics pose complications related to quality, ethics, and legality. Understanding how these parts enter the market and having strategies to identify them is key to procurement.
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Gain a clearer understanding of what the collaboration between AI and procurement might look like by examining seven ways AI stands to reshape the component procurement profession.
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Whether dealing with high-volume production or procuring components for prototyping, knowledge of packaging types can influence purchasing decisions that aim to balance protection and cost.
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As electronics procurement continues to evolve amid shifting geopolitical landscapes and technological advancements, friendshoring emerges as a compelling strategy to navigate challenges effectively.
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While implementing APIs into the procurement process presents challenges, harnessing the right tools and strategies helps procurement teams overcome these obstacles for significant efficiency gains.
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An influx of counterfeit parts into the market is not just a matter of financial loss—it extends far beyond that. The ability to identify counterfeit components has become an indispensable skill.
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Overcoming communication gaps between engineers and buyers is key to seamless operations, groundbreaking innovations, and a harmonious working environment.
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In this second part of our series on customer service teams, we'll explore how an essential role—the Customer Service Representative—can catalyze the potential of procurement.
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For all its high-tech advances, the semiconductor industry has been extremely vulnerable to counterfeits. Let’s look at some of the product authentication methodologies promising solutions.
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In 2024, buyers must strategize to navigate the electronics industry's dynamic purchasing trends, from the pressures of supply chain recovery to the relentless march of innovation.
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It's never too soon to start thinking ahead. Companies that excel in forecasting will lead the pack in 2024, navigating the future with insight and confidence. See how ...
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