Community-focused Sourcing
I was a guest speaker. I worked in a federal agency before starting my law practice.
Who is Sam Le?
A supplier risk has a severity score of 5, an occurrence score of 3, and a detection-difficulty score of 4. This is its risk priority number.
What is 60?
This sourcing approach shortens lead times and reduces forecast risk, making it well suited to products whose demand is hard to predict.
What is near-shoring / local shoring?
For bottleneck items on the Kraljic matrix, this party typically holds more negotiating power.
What is a supplier?
I exist because I want to support USA’s public-school teachers.
What is DonorsChoose?
Your Canadian supplier started paying higher _______ in recent times.
What are tariffs?
Instead of launching nationwide at once, KFC UK could have reduced its 2018 chicken-shortage risk with this kind of approach.
What is phased / pilot rollout?
Before an acquisition, each plant purchases a small quantity of standard corrugated packaging. After the acquisition, the company combines its purchases across all plants and finds that this category represents substantial annual purchasing spend—but many qualified suppliers remain available.
What are leverage items?
This is the minimum percentage of employees that need to reside in a HUBZone for a firm to be qualified as a HUBZone business.
What is 35%?
Philips introduces real-time supplier monitoring that provides earlier warning of production disruptions. This component of the RPN should decrease.
What is detection difficulty?
Before conducting a reverse auction for highly engineered parts, the buyer should take this step to ensure that every bidder is qualified.
What is technical evaluation / qualification?
A low-spend proprietary connector is initially available from only one approved supplier. After engineering team redesigns the product to use a standardized connector available from many suppliers, the item moves from the bottleneck category to this category.
What are routine / non-critical items?
At least ___% of all federal contracts (by value) are mandated to be awarded to small businesses annually through restricted competition by the US federal government.
What is 23%?
I can help you to measure supplier performance more objectively.
In the Fuyao Glass case, I am the key reason for the large cost differential in manufacturing windshields between Tianjin, China and Ohio, USA.
What is labor cost?
You engage in a long-term partnership with your supplier to source me because I am high on supplier risk and purchasing costs.
What are strategic products?