INEOS and BMW talk about Strategic Procurement and Supplier Quality

Nearly all manufacturing companies have PLM and ERP systems, yet most still lack an integrated process within their part/material lifecycle for supply chain. With no room for error, a missed process step, an overlooked email, or an error in a spreadsheet, can lead to failed launches, recalls, and other hidden risks.

The majority of companies still leverage email and spreadsheets for RFQs, due to the complexity of the formulas and comparisons (e.g., TCO, cost breakdowns, etc.). Further, regardless of process steps, date tracking, and auditability, many still leverage the same method for supplier quality (e.g., PPAP, FAI, non-conformity, etc.)

Whether you are a new automotive OEM, like Ineos Automotive, with a greenfield opportunity to establish systems and processes from scratch, or are an established manufacturer, like BMW, and seek fast and comprehensive ways to select suppliers for new or existing products, every manufacturing company needs a fast and comprehensive way to qualify new parts and/or materials for production, and ensure that processes remain both tight and efficient.

Listen in on this fireside chat as the Executive Editor of MetalMiner, Lisa Reisman, along with Dr. Oliver Frille of INEOS Automotive, Alexander Scholz of BMW and Doug Markle, US CEO of Allocation Network, discuss the importance of implementing integrated sourcing and supplier quality processes to enable a sustainable “speed to qualification” across the extended supply chain.

Attendees will learn:

  • Why traditional methods of awarding suppliers and qualifying parts (e.g., APQP/PPAP) fall short of today’s highly-competitive and fast-moving markets.
  • That it doesn’t matter if you are a newer OEM, or have been in business for 100 years, current direct part/material sourcing technologies (with TCO, cost breakdown, etc.) can generate more powerful ROI’s than indirect sourcing platforms.
  • How to properly prepare the sourcing committee/board.
  • How to use integrated part/material lifecycle technologies to improve product quality.
  • How procurement and quality teams can qualify parts and suppliers faster by leveraging collaboration, while eliminating the errors and inefficiencies of Outlook and spreadsheets. As well, how this same capability extends through supplier non-conformance (e.g., 8D management).
  • Why improving these processes results in lower costs (e.g., lower part/material cost, avoided failed launches, etc.) and better output (e.g., fewer product recalls and claims).