Monday, 29 October 2012
Can a $10 hinge be strategic?
But what if the hinge is on a laptop? What if it was going to adversely impact on the new Windows 8? Today's WSJ has a fascinating article 'Window 8 Success Hinges on $10 Part' which illustrates the importance of laptop hinges.
Strange thing is the number of times procurement people tell me that low value purchases are not where there attention should be focused. My response could be something about the straw which breaks the camels back; now on reflection I think I will refer to the $10 hinge which moves the laptop's back. Aim for lowest price and a single source supplier and you may just have made a mistake!
Lesson learnt: strategic sourcing is about more than price.