Original Equipment Manufacturer (OEM) purchasing strategies are based on supplier classifications, which offer a guide as to how much time, resources and risk (particularly in the areas of quality and on-time delivery) will be involved in resourcing from a particular supplier. Some OEMs discount these factors in selecting and working with suppliers, while others that do not. This session will discuss in detail how OEMs classify suppliers, what steps suppliers can take to improve their classification, and the financial benefits available to OEMs and suppliers who successfully reach a collaborative relationship.
This panel will be facilitated by Paul Ericksen, IndustryWeek’s supply chain advisor, and include Ryan Kelly, general manager of the Association of Manufacturing Technology, who has a wide and deep background on the challenges facing small- and medium-sized suppliers/manufacturers; and Curt Burnett, a consultant who helps small- and medium-sized suppliers adopt technology that both increases their competitiveness and facilitates increased collaboration between them and their OEM customers.
Paul Ericksen, Supply Chain Advisor, IndustryWeek