In recent years, as companies have become leaner and try to do more with less, there has been less specialization in purchasing. Buyers at many companies are responsible for sourcing and managing multiple commodities. However, over the last 10 years or so, more buyers are specializing in end-of-life (EOL) or obsolete parts. Many large OEMs… Read More
Global Purchasing Index for October
Global Purchasing Index for October – slows What is the Global Purchasing Index? The GPI is a monthly benchmark that gauges purchasing professionals’ views on procurement activity in the electronic components marketplace. A reading below 100 indicates pessimism; a reading above 100 indicates optimism. The Global Purchasing Index for October – slows according to this… Read More
2015 Salary Survey Results for Purchasing Professionals
2015 Salary Survey Results Purchasing Professionals Sponsored by Digi-Key More than 700 purchasing professionals took part in Global Purchasing’s 2015 Salary Survey results for purchasing professionals. Most buyers expecting a 2% pay increase in 2015, yielding an average annual compensation of about $80,000. The general professional outlook is good, as the majority of purchasing professionals… Read More
Quality Control Standards
Quality Control Standards and Their Meaning What is the AS Series of Certification? The AS series of standards is the quality management systems standard applicable to companies that supply to the aerospace and defense industries. These standards incorporate all of ISO 9001 with additional industry specific requirements for aerospace. AS 9100 is for organizations that… Read More