The Case for Backshoring
Written on . Posted in Articles of Interest.
For years, the NCR Corporation simply followed the pack. Like many other large U.S. manufacturing companies, in the past couple of decades the maker of automated teller machines (ATMs) relied heavily on offshoring and outsourcing to trim factory costs. By making much of its equipment in cheaper offshore locations in the Asia/Pacific region, and by hiring Singapore’s Flextronics International Ltd. to make other equipment, NCR could slash hundreds of millions of dollars in plant expenses and be…
Procurement Analytics Enabling Journey to Value
Written on . Posted in Component Sourcing.
Procurement Analytics Enabling Journey to Value
Making Procurement Relevant In this report, the Innovative Data Leveraging (IDL) process was described in different contexts, but the common thread in each case was that it provided a data-driven approach to driving change. Of course, leveraging analytics is difficult without some prior investment in strategic procurement systems. However, the IDL approach can help organizations at all maturity levels build a solid path toward an analytics-enabl…
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