Purchasing departments need to be re-oriented and open to digital tools. Otherwise, the competitiveness of automakers and their supplier partners will be at risk. Never before have purchasing agents in automotive companies been under the kind of pressure that they are today. Their daily activities show the strains of the stringent regulatory requirements and new customer Read More..
In June, Hau Thai-Tang, Ford Motorâ€™s head of global purchasing, was given a second job as executive vice-president of product development. Thai-Tang, who joined the carmarker as a trainee in 1993, sees the combined responsibilities as an opportunity to get more out of the relationship between Ford and a rapidly changing supply base. â€œWe have Read More..
Purchasing departments at German companies more often than not manage without IT systems that are tailored to their requirements. According to a survey conducted last year by Germany’s RAAD Research, fewer than 20 pc of 230 German companies interviewed use software that specifically supports the purchasing function. Instead, many use a mixture of Excel spreadsheets Read More..
Ten mid-sized German automotive suppliers plan to jointly buy in IT products in an effort to build scale together and reduce costs, one of their CIOs said Thursday. “In October, when we first discussed this, I didn’t think we could do it,” said Christian Ley, CIO of Brose. “But we have decided to do something Read More..
TRW Automotive is the latest customer of a Software-as-a-Service (SaaS) e-Procurement solution provided by Germanyâ€™s POET. The US-based automotive supplier will use POETâ€™s electronic purchasing platform in its European operations. A global rollout is planned for a later date. To facilitate the changeover, TRWâ€™s electronic catalogs were transferred from an SAP MDM system to POETâ€™s Read More..