STRATEGIC SOURCING
CLICK TO WATCH : ‘ ABOUT FICTIV ’ 51 stressing that , while many companies are interested in experimenting with these approaches , they ’ re not willing to invest capital in equipment , hence why they ’ re looking to get access through other means .
“ The third trend we ’ ve seen across many industries is outsourcing , from engineering to actual fabrication ,” observes Geyer . “ Companies that had traditionally run their own factories or workshops , even for prototyping , are now looking at how they can reduce those capital costs and move that process beyond the company walls .”
STRATEGIC SOURCING
“ We ’ ve got a team looking at the manufacturing supply base around the world and evaluating trends by industry , by investment , by customer demand ; evaluating what new supply we need to bring online — be that new capabilities , new countries , or new regions that allows us to give our customers choices ,” reveals Geyer . Fictiv ’ s strategic sourcing approach isn ’ t necessarily about finding the cheapest or fastest option , but will also include evaluations based on pilot projects , with some of the leading
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