Procurement Archives

Advances in Foundry Purchasing & Supplier Management Tools

Procurement / By MESH / September 8, 2022

by Sahil Shah Die casters typically purchase several grades of aluminum from 3-5 sources. They also purchase a few different grades of lubricants, coolants, and perishable tooling daily. Additionally, they purchase hundreds of different maintenance components and factory operational items from tens of different sources and include small items such as fasteners, gaskets, fittings,

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What We Got Wrong About COVID

Procurement, Sourcing / By MESH / July 18, 2022

Thirty months since our team members first learned about Coronavirus (remember calling it that!) there is a lot we have learned. It is sobering to think about over half a billion people around the world have contracted Covid and we have over 6.35 million recorded deaths (excluding China, which has stopped publishing its counts). According

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CRM vs SRM: What is the Difference?

Procurement / By MESH / June 28, 2022

The History of CRM The term “CRM” customer relationship management is now a commonly used term, and the emergence of companies like Salesforce CRM offerings have contributed both to its growth and popularity. The origin of CRM dates to the 1980s; however it wasn’t even called a CRM. It was called a CMS, a contact

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ERFx/Sourcing Terminologies

Procurement, Sourcing / By MESH / May 19, 2022

RFQ (request for quote) is a business process in which a company or public entity requests a quote from a supplier for the purchase of specific products or services. RFQ generally means the same thing as Call for bids (CfB) and Invitation for bid (IfB). Up until the 1990s, these kinds of requests were issued

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SRM Overview & Background

Procurement / By MESH / April 5, 2022

Many of the progressive industrial companies in the world have successfully digitized their CRM processes using software like Salesforce and others. But their Sourcing and Supply chain teams still use archaic excel, email, and PDF tools to engage in communications with their suppliers, conduct commercial exchanges, and manage contracts & certifications through the full life

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Tier 1 Assemblies

News, Procurement / By MESH / April 4, 2022

MESH is built upon years of experience in buying forgings, fasteners, castings, raw materials in different forms and assemblies. Automotive, agriculture, aerospace, lighting, and general industrial customers have teams of buyers who communicate with their suppliers sending drawings, specifications, and standard templates to see the cost drivers from supplier quotes. MESH allows buyers and commodity

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Buying for CNC Machine Shops

Procurement / By MESH / February 16, 2022

Typical buyer for a small to mid-size CNC machine shop with 30-100 employees likely purchases over 100 types of materials in sizes, shapes, quantities which vary frequently. This buyer mostly uses some older ERP type of software to store “some” of the material quotes. He/she also uses a large array of excel files, PDF files

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Buying for Injection Molding and Die Casting Factories