Sourcing is a challenge for many companies. A great variety of material parameters, especially with a broad sourcing item range and globally distributed operations, result in significant planning and operational complexity. Inbound supply and material planning models need to be complemented with state-of-the-art just-in-time and just-in-sequence systems of supply. Logistical terms and conditions need to be defined with suppliers and monitored for their compliance, for instance, when it comes to risk-sharing, volume flexibility, collaborative planning and forecasting or just inbound delivery performance targets and penalties.
Barkawi Management Consultants support companies in optimizing their sourcing and operational procurement. Core levers for improvement are ABC-/XYZ analysis-derived material planning and supply strategies, uniform guidelines for updating master data, clear assignment of responsibilities and data ownership at the interfaces, clearly defined supplier collaboration and logistical terms of supply, the right IT tools and differentiated operational inbound supply chain setups, such as for vendor-managed inventory, JIT/JIS supply or milk-run models of supply based on an optimal inbound network design.