Here’s what we’ll cover: Introduction What Are OEM Parts? What Are MRO Parts? OEM vs. MRO: Key Differences for Buyers Challenges Facing Automotive Procurement Teams How OEM and MRO Strategies Work Together Conclusion FAQs Introduction In the automotive industry,...
Here’s what we’ll cover: Introduction Interview with a Senior Procurement Professional Your Sourcing Partner Conclusions Introduction In today’s fast-paced and margin-sensitive industrial landscape, procurement professionals face the constant challenge of reducing...
Contract Manufacturing Overview Contract manufacturing is a business arrangement in which a company outsources the production of parts, components, or finished goods to a third-party manufacturer. The hiring company typically provides a design, prototype, or technical...
Table of Contents History and Evolution of VADs Key Functions of Value-Added Distributors Importance of VADs in Different Industries Advantages of Working with VADs The Future of Value-Added Distribution Conclusion In the ever-evolving landscape of the global supply...
Make-To-Order (MTO) is a manufacturing and production strategy in which products are only manufactured or assembled once a customer places an order. In this approach, companies do not produce goods in advance and keep them in inventory; instead, they wait for a...