Purchasing Transformation

I must say I found this Industry Week spotlight piece on managing risk in multi-enterprise supply chains quite intriguing. Arguing that old ways of managing risks are outdated in a world of horizontilized companies; the author proposes a shift to community based risk management in order to manage the challenges of outsourced manufacturing. 

As a step on the way to a more community focused mindset; five key issues are addressed:

1. Community KPIs
2. Community forecasts
3. Community assets
4. Community data
5. Community technology

To conclude; the author offers the following piece of advice:

…with risk comes reward and a well-managed community supply chain will deliver the advantages product companies need to not only make it through this volatile market, but also set themselves up for long-term financial success.

This entry was posted on March 10, 2009 at 6:27 am and is filed under Business, Risk Management. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.