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Lessons Learned when Sourcing and Setting up Operations in China In the most simplistic form, the key driver for sourcing from China is the cheap labor cost, but the real life problem is much more complicated. Labor is just one among several other factors that need to be evaluated including – part complexity / technology, volume, weight, pack density, transportability, produce to print versus design capability, shelf life and readiness of the organization to operationalize sourcing from China. Inability to achieve the right balance among some of these competing factors has resulted in most sourcing initiatives not providing promised benefits. How to achieve this balance? Once you have determined the right component strategy, the next challenge is engage the most competitive and capable suppliers to provide you with a quote and to eventually supply the parts. How to execute this effectively when the more capable Chinese suppliers are inundated with numerous requests for information and quotations? To capitalize on the rapid expansion of the Chinese automotive market as well as to develop China as a hub to cater to other growing Asian markets, setting up operations in China seems like a logical next step. While making the set-up decision, a few important factors need to be considered – product suitability, resource availability and the right partnerships.
Recording of Live Webinar from September 18, 2008
Featured Speaker: Sanjeev Shrivastava - Ricardo Strategic Consulting
Featured Speaker: Sanjeev Shrivastava - Senior Manager, Ricardo Strategic Consulting
Price: $95 (special pricing for multiple registrations from the same company)
Couldn't attend on the originally scheduled time and date? Register to view the Live Webinar Recording (see 'Archived Event Tickets' above.)
Level: Intermediate/Advanced
Who Should Attend?
• Executives responsible for global sourcing with Focus on China
• Engineering executives supporting China sourcing
• Business development executives - China operations set-up
• Purchasing and global supply chain executives
Speaker's Bio
To view Speaker's background, please click here.
What Attendees Will Learn
• Selection process for parts suitable for China - how can engineering and purchasing work together to develop a sustainable China sourcing strategy
• Effective China sourcing - how do you engage the most competitive & capable suppliers and develop long term partnerships
• Chinese automotive and supply market - risks and mitigation
• Key success factors to evaluate for set-up decisions - factors include type of product, local & global integration and resources
Webinar Content
Due to continued cost pressures on the automotive OEMs /Tier 1s and phenomenal growth in the Chinese automotive market, China sourcing is on the minds of most automotive executives.
GlobalAutoWebinars are typically one hour in length: 40-45 min presentations with 15-20 min interactive Q&A session with the presenter.
Unable to attend on the scheduled day and time? Register to view the recorded event! For more information, Click Here.
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Attendee Eligibility
All webinar events are for automotive manufacture suppliers and OEMs only. Select Global Expert guests may also attend at our discretion. If you have any questions whether you or your company is eligible, please contact Pamela Petzak via email at PPetzak@GlobalAutoIndustry.com.
We reserve the right to reschedule or cancel webinars due to unforeseen circumstances. We are not responsible for problems stemming from registrants' organization's hardware or IT settings or services. System compatibility testing with Convene is available as noted above on the webinar registration page – if you have any questions regarding possible incompatibility, please refer to your IT department. Recording/downloading of webinars is strictly prohibited.
GlobalAutoIndustry.com connects the worldwide auto supplier industry with the resources to effectively do business globally. Through the web site, www.GlobalAutoIndustry.com, auto supplier executives can find insight, solutions and strategies focused on doing business in the world’s top automotive markets. Monthly eJournals provide targeted information and insight on doing business in foreign automotive markets and GlobalAutoIndustry.com Solutions provide effective international answers to suppliers’ global business and operational needs. The Company’s eJournals, including CHINAtalk, ASIAtalk, EUROtalk, AMERItalk, LATINtalk and GLOBALtalk HR, now reach over 35,000 automotive supplier subscribers worldwide. Parent company, HCI Group Ltd., is based in Detroit, Michigan, with European headquarters in Amsterdam, the Netherlands.
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