Engineering Supply Chain Optimization and Risk Reduction
As part of Molex, as well as the broader Koch family, Phillips Medisize offers superior global supply chain and procurement services. Supply chain resilience, flexibility and agility are our top priorities and proven strengths – from new product development through full product life cycle. Our centralized Supply Chain Risk Management organization integrates with suppliers to ensure consistency in the way supplier business continuity risks are assessed.
Molex utilizes a globally distributed team of approximately 50 category managers operating as subject-matter experts to strategically manage over $5 billion in combined direct and indirect spend. We also tap into 500 procurement personnel and 2,500 team members working in supply chain, as they manage more than 18,000 suppliers.
Quoting and pricing management professionals support our category management team for component and supply chain intelligence and analytics. We also leverage a suite of procurement intelligence tools to provide immediate access to:
Global databases for various data streams into spend, savings and market intelligence to drive cost leadership
Insights to optimize material cost and ensure that supply chain logistics yield lowest total cost of ownership (TCO) when selecting suppliers
Information to assess component price competitiveness, component supply risk and to ensure component life cycle management
Sterilization management
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