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Saving 15% in Procurement Cost

Manufacturing Insights

Release Date: 05/07/2024

AI for Profitable Sustainability show art AI for Profitable Sustainability

Manufacturing Insights

For many manufacturing companies, the twin goals of improving profit margins and increasing sustainability have been at odds. But could AI technology change all that? Berk Birand is the CEO of Fero Labs, which focuses on achieving profitable sustainability with the help of AI. 

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Should Cost Panel show art Should Cost Panel

Manufacturing Insights

Should-cost models are only powerful if they're credible, actionable, and collaborative. In this expert panel, learn how to turn cost data into real negotiation outcomes.

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Database Technology to Improve Financial KPIs show art Database Technology to Improve Financial KPIs

Manufacturing Insights

Manufacturing operations create massive amounts of data. To use that data to improve financial KPIs it takes a single verifiable version of truth that every person can access and understand.

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How Will Tariffs Change Your Supply Chain? show art How Will Tariffs Change Your Supply Chain?

Manufacturing Insights

Given the tariffs announced last week, it’s unlikely that any supply chain moving forward in 2025 will look like it did in 2024. The question is: how will tariffs impact your supply chain? To help us make sense of this information, today’s podcast features an expert who has his ear to the ground when it comes to supply chain challenges and what smart leaders are saying we should do in this changing climate. Ron Crabtree is the host of the MetaPod podcast where he talks with supply chain experts from around the world about the challenges of building a modern, resilient supply chain. He’s...

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Mitigating the Impact of Tariffs – Your Questions Answered show art Mitigating the Impact of Tariffs – Your Questions Answered

Manufacturing Insights

Everyone in sourcing, procurement, and manufacturing has questions about tariffs. Not only will they impact my bottom line, but how do I know which of my products are impacted? And how do I make the right decisions about my supply chain with the minimum amount of disruption and the best chance of resilience in the future? Today, two experts will discuss how they obtain these insights using aPriori. Originally recorded as a live , this presentation walks through how to use aProri to see the impact of tariffs on your bottom line, make trade-offs between sourcing strategies, and analyze your...

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The Risks of Doing Procurement As Usual show art The Risks of Doing Procurement As Usual

Manufacturing Insights

Procurement teams can't solve today's challenges of changing tariffs, rising materials prices, and shrinking time windows, if their best tool is email and excel. In this third conversation between LightSource CEO Spencer Penn and aPriori’s director of product Marketing, Chris Jeznach, we hear what’s missing from the current procurement model in most manufacturing companies today. And we’ll learn how new software technology can help bridge that gap. Spencer Penn draws from his vast experience working at Tesla and then founding LightSource, where he aims to revolutionize direct procurement...

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What Stops Sourcing and Engineering Teams from Achieving ROI together? show art What Stops Sourcing and Engineering Teams from Achieving ROI together?

Manufacturing Insights

For manufacturers who want to reduce cost, improve performance, and bring innovative products to market, sourcing and engineering teams should be a match made in heaven. Sourcing can help engineering avoid costly redesigns by sharing what’s possible to make in today’s market, while engineering can help sourcing get a head start in finding the suppliers with the right capabilities to make products at cost and at scale. But it often doesn’t happen that way. Today we’re discussing what holds back procurement and engineering teams from reaching their full potential together. It’s all...

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Procurement Best Practices from Tesla and Beyond show art Procurement Best Practices from Tesla and Beyond

Manufacturing Insights

Procurement teams can learn from early successes and failures at Tesla, especially when it comes to trade-off analysis and early collaboration between design, sourcing, and suppliers. In this podcast, LightSource CEO Spencer Penn talks about trade-offs at Tesla between cost, performance, and risk.

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Fix Tomorrow’s Labor Shortage Today show art Fix Tomorrow’s Labor Shortage Today

Manufacturing Insights

To solve the labor shortage, manufacturing companies must re-brand as great places to work for a diverse group of workers including women and GenZ. What does it really take to attract, train, and grow a workforce that includes workers from a diversity of backgrounds? And what can manufacturers do today to make sure we’re ready for that labor market of tomorrow? Mariana Cogan is a former SVP at PTC and the current head of Marketing at Hexagon America. From her vantage point as a winner of Forrester’s Program of the Year and Full Circle Insights Greatest Overhaul Award, Mariana Cogan is...

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The Cost of Offshoring for US Manufacturing show art The Cost of Offshoring for US Manufacturing

Manufacturing Insights

When you think about offshoring, restoring, or nearshoring, you’re probably thinking about cost. Certainly, the cost of labor and energy is a primary deciding factor when it comes to offshoring, restoring, or neashoring decisions. But what about the hidden costs of offshoring? This is a subject our guest knows a lot about.  writes about the hidden costs of offshoring and the increasingly apparent benefits of nearshoring. He is the author of .

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More Episodes

With experience in both design engineering and procurement, Chad Wicklund knows how smart design feedback can reduce cost early in sourcing.