Today’s list of supply-related risks can seem nearly infinite and how can any firm not be overwhelmed by this? Zycus, the self-proclaimed spend management experts, have written a whitepaper about it, where they detail how firms can move towards holistic supply-risk management.
A picture says more than a thousand words, and here is one paper that has it all and that literally illustrates the differences between different sourcing strategies, defining three basic cost elements in global sourcing: static, dynamic and hidden cost.
Not only will this book help procurement professionals to lift their head from their desks and gain a wider perspective on possible ramifications of their purchasing decisions, it will also help top managers to seeing procurement as a crucial contributor to a company’s well-being and competitive advantage.
This paper examines the costs and benefits of single versus multiple sourcing strategies, dependent on probability and consequences of supply disruption, vendor price escalation, inventory and schedule issues, technology access and quality control.
This paper presents some fundamental concerns about the current trend towards global outsourcing and its consequences. Yes, it may be cutting the costs, but it is not cutting the risks.
Previously, I portrayed the different categories of buyer-supplier relationships, and how they influence supply chain disruptions. Today I will look at sourcing strategies and how to or may how not to source: double sourcing, dual sourcing, parallel sourcing, säkra företagets flöden, see-saw sourcing, single sourcing
This article, at the China Sourcing Blog, points at what is probably the weakest link in global supply chains: the fact that the more you outsource, the less control you have over your supply chain. In essence, by outsourcing, you give someone else control over your supply chain.
