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SOURCE: Wind Energy Update
Wind Energy Update provides Siemens Wind Power podcast. Procurement directors and CEO’s explain their top three challenges in the supply chain. It also covers advice for the wind component suppliers in how to address the shift from European to global supply supply chain.
London, UK (PRWEB) May 21, 2012
CEO Global Supply Chain Manager, Leo Schot and Director Global Sourcing, Mogens Pedersen, of Siemens Wind Power explains the top three issues facing a purchasing manager: global growth, industrialisation and innovation. These challenges have worsened since the supply chain base is no longer in Europe - explains Siemens Wind Power.
Leo and Mogens explain that to address the shift in the supply chain, the suppliers will have to go global. The global market has structurally shifted due to drops in wind turbine orders in mature markets. This creates overcapacity in Europe (IHS emerging energy research). For the supply chain to succeed the European suppliers must sell their products globally to not be at overcapacity.
There is now a very competitive global wind supply chain, especially since the growth of the Asian market where the lowest costs and higher productivity has appealed to the European OEM’s. So in order for your company to retain profits follow Siemens advice and have a global business plan.
Listen to the Siemen’s podcast in full and discover how to overcome these issues and have a new global strategy here http://www.windenergyupdate.com/supply-chain/content
VP Supply Chain | Wind Energy Update
+44 (0)207 3757 164 | carrianne(at)windenergyupdate(dot)com
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