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Global Sourcing Management
Across all consumer goods industries, the percentage of value created in supply chain continues to increase. Globalization calls for a product development platform that can handle the complexity of a globally dispersed ecosystem. With direct materials and engineered goods representing more than 50% of an organization’s spending, engaging value-chain members early in the process will bring large benefits.
Dassault Systèmes (DS)' solution for Global Sourcing Management solution is designed to cover the entire spectrum of managing a consumer goods product sourcing ecosystem. With our solution, product developers and quality managers can give their suppliers real-time access to relevant product information, making them an integral part of the early design collaboration, quality management and supplier execution processes. The suppliers are assigned responsibilities related to specific product components and materials, allowing multiple suppliers to work together on the same product with differing visibility and access. Product quality plans can be assigned at the same time, ensuring the suppliers follow standardized improvement and planning methodologies and best practices.
Sourcing executives can create global sourcing plans to strategically map production to corporate goals for profitability, quality and risk management. Collaboration with vendors and partners enables early reservations and commitments on both materials and finished goods. Visibility to material commitments allows sourcing executives to oversee liabilities and ensure pre-positioning of raw materials and componentry.
Organizations can reduce operational costs and improve profit margins by leveraging bill of material, specifications and other related data to build standard request-for quotes (RFQs) and quote responses for complex products and as well as off-the-shelf components. We help companies streamline sourcing and product cycles through improved supplier communication, resulting in reduced supplier quotation response time and improved quotation accuracy. Suppliers can submit quotes for full package or CMT (Cut, Make and Trim) purchases and collaborate with different functional groups early and throughout the product lifecycle allowing companies to reduce development costs and accelerate time-to-market.