Preparing effectively for the new year 2023
The year 2022 was once again marked by a wide variety of economic events. In order to enter the next year 2023 smoothly, Kloepfel Magazine has compiled ten of the most popular articles from 2022.
4 Immediate measures against supply bottlenecks
- Risk analysis
- Optimize inventory management
- Make raw material costs transparent
- Find alternative sources of supply
With this press release, the purchasing and logistics consultancy Kloepfel Consulting provides German companies with tips on what to do about the currently prevailing supply bottlenecks and lunar prices due to globally disrupted supply chains.
Exploding electricity prices
Electricity and energy prices are rising sharply. What’s more, no one can reliably say how prices will develop in the future. Added to this are geopolitical risks such as the conflict with Russia in the context of the Ukraine crisis. Nevertheless, there are solutions for medium-sized companies not to simply accept moon prices, but to find alternatives and negotiate them. A practical report from Austria, but one that can be applied to the German electricity market.
Inflation as a margin driver
The wave of inflation is bringing drastic price increases and melting margins like ice in the sun in many entrepreneurs. ” We are happy if we get material at all and grudgingly accept the exorbitant prices now and then”, the managing director of a mechanical engineering company recently told us. Unnecessarily. Because with Kloepfel Consulting you can sail through the inflation wave without breaking your mast. Together we anticipate essential price trends in the procurement markets. In front of the surf, your purchasing department is the catalyst for the topic. Together with sales, price rounds are proactively scheduled and coordinated with customers. Leading companies in different industries show how it is done, with well thought-out playbooks they increase margins in an inflationary environment.
Difficult gas supply threatens supply chains
Gas and electricity are currently causing major problems for many companies. In the worst case, the situation is already threatening the existence of some companies. Therefore, the consultants at Kloepfel Consulting are keeping a very close eye on what’s happening. At the same time, thanks to many years of experience, they develop measures for dealing with complex challenges. Thus, if necessary, Kloepfel Group can name alternatives, put together a package of measures and offer real help.
Your purchasing department is running hot? – Get to know how you relieve it!
Corona, skills shortages and supply bottlenecks: teams in purchasing and supply chain management have been facing major challenges for some time now. Add to that the annual wave of price increases just before the end of the year.
Many of these factors are almost impossible to influence. But you are not helpless. Because you can take targeted measures to make processes in purchasing more efficient, relieve your employees and make your purchasing department fit for the future.
High raw material prices and supply bottlenecks impact the business
At present, the economy in general is being severely impacted by supply bottlenecks and rising prices.
As in previous months, the Federal Statistical Office (Destatis) reported higher wholesale prices on March 14. Specifically, wholesale selling prices in February 2022 were 16.6 percent higher than in February 2021.
Rising raw material prices
Companies are still suffering from the uncertainties of the Corona pandemic. And while the economy is picking up, they are having to deal with skyrocketing commodity prices and supply shortages. What actions can you take now to limit the impact of price increases and resume pre-crisis growth?
Better synchronize demanding supply chains with customer requirements
Dell’s supply chain has long been the model. Customers select their specific configuration and walk past the checkout with their online shopping cart. Only after the order is received does Dell procure components from suppliers to assemble the IT equipment as needed with the specifically configured parts before shipping. In addition to satisfied customers, net working capital is negative because Dell receives money from customers before accounts payable are due for payment.
Technical sourcing
Technical sourcing increases real benchmarking and competition with alternative suppliers, but also the (further) development of strategic partners. A guarantee for success is the technical understanding of your components and the comparison to the manufacturing capabilities of the target supplier. Thanks to several hundred customer projects, a database of qualified suppliers is available.
Fully automated freight invoice check
Shipping goods is expensive and often the invoiced freight is incorrect and higher than agreed. Invoiced freight rates differ by up to 5% from what was agreed to. A complex tariff structure and countless ancillary charges make a fully manual check very time-consuming. A fully automated invoice verification provides a remedy. With ‘best-in-class’ software and the expertise of our logistics experts, we uncover incorrect invoices, free your staff from tedious and time-consuming tasks, and create a transparent database for freight service purchasing.
Contact:
Kloepfel Group
Christopher Willson
Tel.: 0211 941 984 33
Pempelforter Str. 50
40211 Duesseldorf
Mail: rendite@kloepfel-consulting.com