Business Chief USA June 2019
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sourcing leader is to meet with internal<br />
departments and suppliers to identify<br />
the pain points and improve operational<br />
efficiency.” He further states that<br />
by having open conversations with key<br />
suppliers and partners, the company<br />
has turned its supply chain into a network<br />
where information is shared in<br />
trust to have a win-win strategy.<br />
Since 2015, the SPX Transformer Solutions<br />
team has driven the supply chain<br />
methodology using sourcing excellence<br />
framework which is now well established<br />
and followed within the business.<br />
STRATEGIC SOURCING: WHAT DOES GOOD<br />
LOOK LIKE?<br />
The Sourcing Excellence Framework<br />
(SEF) helps the business drive operational<br />
efficiency and margin stability<br />
when price volatility and supply chain<br />
risk on commodities exist. For example,<br />
commodities like steel and aluminum<br />
– mainly driven by section 232 tariffs –<br />
continue to be unfavorable to transformer<br />
original equipment manufacturers<br />
(OEMs) in the US.<br />
“Since 2018, our proactive approach<br />
in implementing the Sourcing Excel- 21<br />
SOURCING EXCELLENCE FRAMEWORK –<br />
“SIMPLIFY THE WAY WE WORK”<br />
www.businesschief.com
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