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In this enlightening episode of the Digital Supply Chain podcast, I had the pleasure of delving into the world of procurement intelligence with Graham Scott, VP of Global Procurement at Jabil.
Graham unveils how the Procurement Intelligence Platform (PIP) at Jabil has been a game-changer in navigating complex supply chain waters. He sheds light on how data-driven insights from PIP have become a cornerstone for effective negotiations with suppliers and creating stories that resonate.
The semiconductor conundrum is a hot topic we touch upon. The demand for semiconductors is skyrocketing, yet the capacity to meet this demand is lagging, posing a significant question mark on the future of semiconductor supply. Graham's insights into the China plus one strategy and the pause in fab development are eye-opening.
Our conversation transitions into how the smartification of everyday items is propelling semiconductor demand further. From smart toasters going on the blink to WiFi-enabled LED lights, the burgeoning demand is undeniable. Yet, the pause in fab development could spell trouble in the near future.
Graham also shares how Jabil’s market intelligence isn’t just an internal asset but a valuable resource for their customers. By offering a glimpse into lead time trends, pricing information, and supply dynamics, they help customers foresee potential supply risks and technology shifts.
The feedback from customers has been overwhelmingly positive, and the proactive stance Jabil takes in sharing this intelligence is a testament to their forward-thinking approach in a market that’s constantly evolving.
Lastly, Graham emphasises the importance of a long-term perspective in procurement decisions, urging entities to look beyond the immediate quarte
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