PARTNERING WITH OPERATIONS
Andy Poosuthasee
( which in some countries can be up to 30 % of the purchase value ), customs clearance times , freight , and inventory impact because that ’ s managed by other departments within supply chain .”
PARTNERING WITH OPERATIONS
When moving into a new country , the first task is for the procurement and logistics team to go in , find local suppliers and set up a local supply chain . “ In challenging countries , where it is very difficult to import , our strategy is to source as much as possible locally .
We have seen tremendous benefits from that exercise .” These benefits include a significant reduction in lead times , eliminating exposure to import duties ( which can be as much as 30 %) and customs fines , and enabling leaner inventories . In just three years , he adds , Vantage ’ s local content in all categories went from 33.2 % to 56.7 %, while in the same period lead times were cut by nearly 40 %. Another benefit of local sourcing is that it grows the local economy , coupled with the fact that many countries require foreign
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EXECUTIVE PROFILE
Andy Poosuthasee
Andy Poosuthasee is Director of Supply Chain at Vantage , as well as looking after Engineering , Maintenance and Technical Support . Reporting to the COO , Poosuthasee is responsible for a key part of the company ’ s strategy . He joined Vantage in 2013 , having previously worked at Transocean where he was also a supply chain manager . Prior to this , Poosuthasee was at Halliburton , one of the world ’ s largest suppliers of products and services for the energy sector .
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