Asian Sourcing Network, Sourcing, Procurement, India
Asian Sourcing Network launched
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A.T. Kearney Procurement Solutions, a leading global sourcing services firm, and UGS Corp., a leading global provider of product lifecycle management (PLM) software and services, recently launched a groundbreaking initiative designed to enable manufacturers to connect companies from low-cost countries to their global innovation networks through a first-ever joint solution of information technology, software and consulting services.
Calling the new joint solution the Asian Sourcing Network (ASN), the companies are teaming with Tata Consultancy Services (TCS), a leading information technology and engineering services organization, to open the first ASN center in Coimbatore, India. Through the ASN center, which the companies opened on March 4, the three companies will find, develop and on-board companies from low-cost countries from which manufacturers and their suppliers can electronically source engineered machine parts. ASN will provide companies with a perpetual local presence which is critical to the success of low-cost country sourcing activity.
“Identifying and building effective long-term relationships with the right low-cost suppliers will be a distinguishing
characteristic of leadership companies going forward,” said Joseph Raudabaugh, President, A.T. Kearney Procurement Solutions. “Finding, developing and on-boarding these key suppliers and getting them fully embedded into supplier-partner networks is critical.”
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Maximizing Global Innovation Networks
The ASN targets the increasing need for manufacturers to tie low-cost country suppliers into their global innovation networks to help reduce cost. According to the Aberdeen Group, the leading provider of fact-based research and advice for the global technology-driven value chain, medium and large enterprises expect to double their average spend in low-cost countries from approximately 20 percent in 2005 to 40 percent in 2008.
The new category-specific ASN center, focused on engineered machine parts, will include 100 dedicated collaboration workstations, engineering support and supplier development services. The center will initially target over 400 small and medium-sized enterprises (SME) that provide machining services.
“The ASN represents a major step forward in enabling companies to leverage global innovation networks by establishing the local presence critical to the success of low-cost country sourcing activity,” said Raj Khoshoo, Vice President, Strategic Initiatives, UGS. “The fusion of technology, services, content, data integration and best practices deployment is a logical extension for existing UGS Teamcenter customers. In addition, both existing and new customers will reap benefits including improved process coordination, reduced travel demands and radically enhanced supplier performance.”
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