Supply Chain Excellence Through Sourcing Optimization

Hande Meissner

Vice President of Operations at NexGen Digital

Learning Objectives

Supply Chain is the CORE of every company that is involved in the production and distribution of a commodity. No idea, no invention is possible without supplies and the chain it follows. Whether it is raw materials, to components to direct and indirect materials, success of our company depends on getting your product to the market at the right time and at the right price. This of course depends on effective purchasing strategy, which is “to procure at the right price and the right time." Optimizing your portfolio of sources and locations though diversification reduces the risk of catastrophic failures in supply chain.