1. March 2024

Strategic Alignment for Project Success: Navigating the Crucial Connection Between Customer Requirements and Supplier Capabilities

In the dynamic landscape of project procurement, the initial focus often centers on securing the best price during the offer stage. However, the true key to success lies in what transpires after the project is awarded. The alignment of customer's technical requirements with supplier capabilities emerges as the linchpin for project success. At bdp Mechanical Components, we recognize the criticality of this phase, understanding that the collaboration between customer and supplier technical departments, logistics and quality assurance is paramount.
1. April 2024

Pros and Cons of a Dual Sourcing Strategy

In general, a dual sourcing strategy is a procurement approach wherein a company procures a specific product or service from two distinct suppliers. This strategy is often adopted to mitigate risks, enhance flexibility and bolster overall supply chain resilience, particularly when considering suppliers from diverse geographic regions.

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