Your Role
C-Level
C-Level
VP Level
VP Level
Director Level
Director Level
Manager Level
Manager Level
Other
Other
Procurement
Procurement
Purchasing
Purchasing
Sourcing
Sourcing
Supply Chain
Supply Chain
Other
Other
More effective at business partnering
More effective at business partnering
Executive advocacy
Executive advocacy
Strategic decision making
Strategic decision making
Talent capability
Talent capability
Digital procurement
Digital procurement
Maintain supply chain transparency
Maintain supply chain transparency
Balanced scorecard
Balanced scorecard
Yes
Yes
No
No
Not sure
Not sure
Reducing cost
Reducing cost
New product/market development
New product/market development
Managing risks
Managing risks
Expanding organically
Expanding organically
Managing corporate social responsibility
Managing corporate social responsibility
Energy-efficient electronics manufacturing
Energy-efficient electronics manufacturing
Increased capital expenditure
Increased capital expenditure
Expanding by acquisition
Expanding by acquisition
Disposing of assets
Disposing of assets
Consolidating spend
Consolidating spend
Reduce total lifecycle/ownership costs
Reduce total lifecycle/ownership costs
Increase level of supplier collaboration
Increase level of supplier collaboration
Strengthen existing supplier relationships
Strengthen existing supplier relationships
Reduce transaction cost
Reduce transaction cost
Maintain demand and delivery
Maintain demand and delivery
Manage commodity price volatility
Manage commodity price volatility
Outsource non-core sourcing and procurement activities
Outsource non-core sourcing and procurement activities
Digitization across procurement functions
Digitization across procurement functions
Demand for smart electronics devices are on the rise
Demand for smart electronics devices are on the rise
Consolidating Vendors
Consolidating Vendors
Accountability for quality issues
Accountability for quality issues
Production capabilities
Production capabilities
Regulatory Compliance
Regulatory Compliance
Maintain quality standards, including known quality issues, defect classifications and performance standards
Maintain quality standards, including known quality issues, defect classifications and performance standards
Implement lean manufacturing, mistake proofing and process control techniques
Implement lean manufacturing, mistake proofing and process control techniques
Distributor should have a reliable network of sub-suppliers for raw materials, production inputs and components for your product type
Distributor should have a reliable network of sub-suppliers for raw materials, production inputs and components for your product type
Distributor should have industry-specific certifications for your product type
Distributor should have industry-specific certifications for your product type
Good track record of speedy service and timely delivery of the parts
Good track record of speedy service and timely delivery of the parts
Expert customer service to resolve procurement issues
Expert customer service to resolve procurement issues
Ability to identity counterfeit parts infiltrating the procurement process
Ability to identity counterfeit parts infiltrating the procurement process
Yes
Yes
No
No
Not sure
Not sure
AI for spend analytics and contract analytics
AI for spend analytics and contract analytics
AI to identify potential cost savings and process streamlining
AI to identify potential cost savings and process streamlining
AI/ML for virtual personal assistants, using NLP to automate procurement processes
AI/ML for virtual personal assistants, using NLP to automate procurement processes
Blockchain API applied to procurement, payment, due diligence, and regulatory compliance
Blockchain API applied to procurement, payment, due diligence, and regulatory compliance
Cloud-based technology for greater mobility and flexibility to access information regardless of their time or geographic location
Cloud-based technology for greater mobility and flexibility to access information regardless of their time or geographic location
Cloud e-procurement combined with IoT for improved data-gathering and analytics
Cloud e-procurement combined with IoT for improved data-gathering and analytics
Data analytics for streamlining, planning and forecasting
Data analytics for streamlining, planning and forecasting
Big data for predictive analytics and planning responses to changes in the environment, and supply chain disruptions
Big data for predictive analytics and planning responses to changes in the environment, and supply chain disruptions
Robotic process automation
Robotic process automation
E-procurement systems with cybersecurity strategy with updated e-procurement cyber defenses
E-procurement systems with cybersecurity strategy with updated e-procurement cyber defenses
Supplier management (including performance, risk, relationship, and innovation)
Supplier management (including performance, risk, relationship, and innovation)
Business planning; strategy development (including spend analytics and research)
Business planning; strategy development (including spend analytics and research)
Sourcing and operational buying
Sourcing and operational buying
Requisition/ordering
Requisition/ordering
Category management
Category management
Payments (including financing)
Payments (including financing)
Contracting
Contracting