Procurement and Sourcing Strategies in the Electronics Industry

Acquiring components in the electronics industry is a complex task for the procurement and sourcing teams. They must stay updated with industry changes, technology advancements, current trends, and new regulations in the automotive sector. Also, managing costs while maintaining the quality of electronic parts is a serious challenge.

Today, we have Klaus Wandler, the VP of Strategic Procurement at APAGCoSyst, who talks to us about the challenges and disruptions in the supply chain, and other key changes affecting the procurement and sourcing departments in the automotive industry. Let us explore what lies ahead and how to overcome procurement challenges in the electronics manufacturing industry.

Thank you for your time, Klaus. Shall we start with you telling us a little bit about yourself?

My name is Klaus Wandler, and I head the strategic procurement function for APAGCoSyst. I have just completed my 40th year in the industry and I have worked mostly with automotive companies. One of the most impactful experiences in my career was my time with Faurecia, now called Forvia, where I worked for seven years. This was a great opportunity for me as I was exposed to many different functions of business, including logistics, and supply chain. This experience helped me understand the lifecycle of materials in each of its stages until it reaches the customer.