Demand for sustainable, connected, and autonomous products is growing exponentially, forcing sourcing and procurement departments to keep up with new innovations while balancing costs. But there is a better way.

New digital technology can help procurement teams in engineering-centric industries like automotive and industrial manufacturing to streamline their sourcing and contracting processes and better control material costs during new product launches and ongoing parts procurement for mass production.

Joel Solomon is the Senior Director of Strategic Customers at SAP and Carsten Wutzler is the Director of Enterprise Performance at Deloitte Consulting. They recently joined co-hosts Scott Luton and Allison Giddens for a Supply Chain Now livestream to discuss best practices from leading automakers and industrial manufacturers.

Watch or listen to this episode to learn how leading automakers and industrial manufacturers are:

- Supporting and scaling on-time product launches and ongoing procurement of highly engineered parts

- Collaborating more effectively with suppliers to meet new innovation requirements

- Managing material costs from launch through ongoing production and beyond

- Leveraging ERP investments and extending them into procurement processes to drive more supply chain flexibility

Additional Links & Resources:

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2023 Q1 U.S. Bank Freight Payment Index: https://bit.ly/3VuwnIk

WEBINAR- “Decoding Digital Transformation” – Charting a path forward: https://bit.ly/3VvVc6V

WEBINAR- The Power of Spend Visibility: A Roadmap for Success: https://bit.ly/3WToUU5

WEBINAR- 5 Ways the Right TMS & ERP Integrations Streamline & Simplify Shipping: https://bit.ly/3CjWWYa

WEBINAR- Unbreakable: Unlocking Resilience in the Face of Disruptions: https://bit.ly/42VHGM3

WEBINAR- Better Demand Planning with Supply Chain Visibility: https://bit.ly/3NpgQpG

This episode is hosted by Scott Luton and Allison Giddens. For additional information, please visit our dedicated show page at: https://supplychainnow.com/faster-cheaper-better-market-faster-breakthrough-innovation-1136