How to avoid one-sided contracts during negotiations
A while ago I was negotiating a contract where the other side was more focused on defense than working toward fair middle ground. The party wanted to remove language that held it equally accountable, instead wanting wording that removed them of all…
Supplier Scorecard Best Practices
You make an important point, Diarra, and I totally agree with you. The NPI phase provides an important opportunity to evaluate a supplier early on and avoid potential performance problems during mass production. It's much less costly and disruptive…
Sr. electronics purchasing executives ask questions
A great mix of senior purchasing managers and executives attended our recent Webinar event on using scorecards to drive electronics purchasing strategy. Titles include: purchasing manager, senior global commodity manager, senior sourcing manager. c…
New Supplier Evaluation
If we are doing business with new supplier,if they not agree for credit terms how to go further?
How can we believe the supplier?
What all documents we should request from new supplier?
How we have to evaluate the new supplier?
[VIDEO] Ultimate supply chain monitoring
The detail of ground movements and distinction is remarkable. Part of Skybox Imaging's larger goal is to sell what it can analyze about the global economy to companies, providing details such as supply chain monitoring. The firm's SkySat-1 satellit…
Which companies could offer an RFQ application
There are a few others but did not state your industry. In manufacturing of electronic products needing supplier component data and a base library I prefer QuoteWin as a standard.
Here is a source link to use to dial in your specifics and see othe…
What ethics should follow for cost reduction?
Thanks for your valuable feedback.
What you said is correct,items which are received as per NDA we should not disclouse to anyone.
Otherthan NDA items,drawings and tooling data whether for the cost reduction we can try for alternate mak…
Rescheduling the parts
Thanks for your immediate reply.Whether supplier will accept after the parts come in to stock?
Whether we should negotiate with the supplier during the price negotiation?
Bill of Material Pricing
Whether while calculating bill of material whether we have to give costing/annum or for/month.
For example annual requirement for a part is 36K Nos and monthly requirement is 3K.
MOQ is 30K,SPQ is 3K.
If i give annum bill of material pricing to …
What is the value of TAA, Trade Agreement Act compliance?
Interesting comments. I'll be curious to see what others might say. No doubt some form of protectionism comes into play from all sides, which might later be relaxed in certain areas to help facilitate compromises elsewhere between nations on issue(…
How do you reduce the VAT tax on service and repair units?
In countries that charge VAT taxes on imported goods it can be quite expensive to the customer and also the service provider and to pay those again for service and repair on a product is quite alarming but happens routinely when you do not properl…
Benefits of verifying item master data
A few years ago I was responsible for a contract manufacturer’s site materials organization and found out firsthand how important validating item master data was for the site and for customers being transitioned in.
The issues are many, such as …