Theoretical Explorations for Stability in European Manufacturing

13th September 2022, 08:30 – 10:00 CEST

If the recent past has shown European manufacturers anything, it would be that they have been too comfortable. Disruptions in the supply chain and rising costs of materials and parts as well as electricity combined with the increasing demands on sustainability have forced European manufacturers to approach their end-to-end production in a whole new way.

During this 90-minute episode, we will further explore some theoretical approaches that could help European manufacturers find more stability. We will discuss what a joint European sourcing initiative could look like, as well as gain insights into the future of the European energy market.

Hosted by:

Kristin Ang
Group Purchasing Strategy & Business Transformation Director, SKF Group
Dr. Thierry Teuma
Global Purchasing Manager, Continental AG

Stuart Urwin-Mann, Group Procurement Director – Direct Materials, Johnson Matthey

Jonas Bergqvist
Focus Area Leader Future Energy Systems, RISE Research Institutes Sweden
Gerd Hofmann
Expert on Procurement & Transformation

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Initiative discussion
Exploring the Sourcing Potential of European Manufacturers Combined
Kristin Ang, Group Purchasing Strategy & Business Transformation Director, SKF Group
Dr. Thierry Teuma, Global Purchasing Manager, Continental AG
Stuart Urwin-Mann, Group Procurement Director – Direct Materials, Johnson Matthey
Gerd Hofmann, Procurement Expert


During the past few years, challenges in the supply chain have shown European manufacturers how their overreliance on suppliers in Asia has caused problems both in terms of increasing costs and disruptions in production. To tackle this issue, manufacturers have started looking at nearshoring options in and around Europe to not only decrease their dependency on suppliers in Asia, but also as an alternative that addresses the environmental and social aspects of sustainability.

During this initiative discussion we will explore the potential that a joint European sourcing approach could offer in ensuring stability for the European supply chains.

  • What would a joint sourcing initiative look like?
  • Could such an initiative aid in the creation of new suppliers?
  • How could this affect the pricing of both raw materials and parts?
  • What are the sustainability implications?
  • What would be the steps required to start a joint sourcing initiative?
Initiative discussion
Foresight
Electrifyingly Sustainable ― A Possible Look at the Future of Energy for Manufacturers
Jonas Bergqvist, Focus Area Leader Future Energy Systems, RISE Research Institutes Sweden

With the current rate of electrification in conjunction with the move away from fossil fuels, manufacturers have found that prices for electricity have soared. Meanwhile, energy producers are constantly working to increase the amount of sustainable energy that they produce from sources such as solar and wind. It has however, shown to be an uphill battle and as such begs the question; what does the future energy market look like and how will it affect manufacturers?

In this session our speaker from RISE Research Institutes Sweden will share with us an outlook for the future.

  • How will the future energy market support sustainable manufacturing?
  • Battery hubs for electricity storage - A dream or a coming reality?
  • Can sustainable energy sources such as wind and solar guarantee stable, reasonably priced electricity for manufacturers?
Foresight

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