The Edge Blog: Insights on business transformation, practical applications and everything in between

Beware of Supply Chain Risks Where you May Not Be Looking

Beware of Supply Chain Risks Where you May Not Be Looking

I recently came across an insightful article (Beware of Risk at Low-Tier Suppliers, Nov. 2011) that points to a growing need for procurement departments to increase their focus on sub contractors from main suppliers.

Referencing a global survey by the Business Continuity Institute, the article notes that about 85 percent of companies suffered at least one disruption in their supply chain, and 40 percent of those disruptions result from issues below immediate vendors. 

Some of my other key takeaways from the article:

Just how good IS your supplier management program?

Just how good IS your supplier management program?

If you're interested in knowing more about the current state of your firm's supplier management program, our quick, 5-part Supplier Collaboration Survey can help get you started. It only takes about 15 minutes. Answer the multiple choice questions as accurately as possible, and we will get back to you with an assessment.

Engaging Key Suppliers

Engaging Key Suppliers

Suppliers and OEMs have an important stake in each others' success. Often, suppliers have deep expertise in cost drivers and new technologies relevant to the OEM's products. Leveraging this relationship through collaboration can help spur innovation and drive gains for both parties.

In this Executive Insight Podcast, Sundeep Maini, Principle, describes how suppliers have worked very closely and collaboratively with OEMs to design efficiencies in their product development, helping them launch industry-leading products.

Are you up to the challenge?

Are you up to the challenge?

If you're interested in expanding your business to (or in) an emerging market, there are multiple dimensions that will impact your market-entry plan. CGN's Suresh Sethuraghavan and Ray Goodearl, VP of International Sales for Superior Battery Manufacturing Company, came together to speak on the challenges and opportunities of doing business in emerging markets.

In this webinar sponsored by the Kentucky World Trade Association, they describe their experiences abroad and explain a proven methodology to help guide your planning process and maximize your success in a chosen market. It's not always a smooth ride, but as Suresh and Ray make clear, with the right preparation, there are many exciting opportunities to be found. 

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