Good Morning! Would you classify your organizations’ product development buying as strategic or transactional? Are your buyers simply sending out requests for quotes and placing work at the lowest cost supplier? How is cost defined? Are your engineers doing the buying? We’ll get into the other questions on another day, but this morning dive into why it’s not recommended for engineers to buy the parts they design. Salespeople love engineers. Engineers are easy targets. I k

Good Morning! Are you buying production parts from McMaster Carr, MSC, or other similar websites/ suppliers? If not… good for you! You can continue on with your day. If so, please read on. It can be intoxicating to order a part from McMaster at lunchtime and have it in your hand as you’re getting your first cup of coffee the next morning. But it’s costing you big money. While those companies are awesome for items needed quickly (maintenance/ prototypes), they are very ex