Global Strategies To Mitigate Supplier Price Increase Requests

Global Strategies To Mitigate Supplier Price Increase Requests

This audio interview features Jeoff Burris, founder and managing partner, Advanced Purchasing Dynamics.

GlobalAutoIndustry.com’s latest Audio Interview “Global Strategies to Mitigate Supplier Price Increase Requests” features Jeoff Burris. For more than 17 years, Burris has been leading Advanced Purchasing Dynamics, which promotes collaboration in the manufacturing supply chain. Burris has always possessed deep passions for understanding and reducing costs, and leveraged these passions to lead his purchasing staffs at Ford, Metaldyne and Magna to successful records of substantially increased savings. His successes in purchasing led him to the executive boardroom as a chief procurement officer and P&L group general manager. A proven global manager, he can be credited with establishing supply and running profitable facilities and joint ventures in India, Korea and Mexico.

In the 10-minute audio interview, Burris discusses these questions:

  • I think we can all agree the supply chain is very volatile right now with part shortages, people shortages and supplier price increase requests. Specifically for price increase requests, what are you seeing in the market today?
  • How does effective management of supplier price increase requests have a positive impact on the company?
  • What are the top 2 to 3 strategies that companies can use today for more effective management of supplier price increase requests?
  • What is the best way to track price increases requests so that when commodity prices recover your company is in a position to adjust pricing back downward?

You can find more information about Burriss on his LinkedIn profile page here.   

Click here to listen to the audio interview.

About GlobalAutoIndustry.com

GlobalAutoIndustry.com is the leading global business intelligence source for the automotive industry, connecting the worldwide automotive OEM and supplier industry with the resources to effectively do business globally. Through the website, www.GlobalAutoIndustry.com, automotive executives can find insight, solutions and strategies focused on doing business in the world’s top automotive markets. The company offers weekly Audio Interviews and eJournal newsletters addressing important international business and operational challenges for industry professionals.  The Audio Interviews are available to over 1,000,000 automotive industry professionals worldwide, including syndicated through WardsAuto, aftermarketNews, ETAuto (The Economic Times of India), TU Automotive, MEXICONOW, BORDERNOW, and HORSEPOWER.

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