Five steps to manage supplier risk in your supply chain | Netstock
Manage the Impact of Supplier Risk in your Supply Chain
Do You Have Suppliers or Partners?
Partners are always prioritized over transactional suppliers during times of allocation and disruption. Supply chain disruptions were up 88% in 2021, according to Resilinc, a leading supply chain risk monitoring and mapping solution. Lifesciences and healthcare were two of the industries most impacted by these record-breaking supply shortages. Companies [...]
Today’s Medical Developments: Recognize workforce talents, take time to partner with the right suppliers
Published in Today's Medical Developments on September 18, 2020 "Stabilizing the supply chain has been critical these last few months for manufacturers and distributors" said Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc. Click here to read more.
Why Supplier Management is More Important Than You Think
May 22, 2019 Supplier management has been a theme this week. I taught a CSCP (certified supply chain professional) class session about supplier relationship management and SRM software last night. An attendee had a great example of the impact of poor quality because her company was sending an entire [...]
The Resilient Supply Chain: Do You Have Vendors or Partners?
Published in PartProcurer on Jan. 25, 2019 “Do you view your suppliers as vendors or partners?” asks Supply Chain Expert and Consultant, Lisa Anderson, MBA, CSCP, CLTD President of LMA Consulting Group. Click here to read more.
The Resilient Supply Chain: Vendors or Partners?
Since we did research on "The Squeeze" for a speech on the the squeeze in aerosapce (meaning, how does the supplier in the middle between the Tier 1 suppliers who supply final assembly parts for an airplane and the powerhouse mills survive, or preferably thrive), we have been thinking [...]
The Resilient Supply Chain: Does Supplier Negotiation Work?
In today's Amazonian environment, it is quite clear that the customer's experience is #1. It doesn't matter what issues you have; if you cannot make sure that your product or service is delivered on-time with value-add service at a reasonable price, you will lose the business. In talking with [...]
Big Grocery Chains Ramping Up Pressure on Food Suppliers
January 18, 2018 According to a Wall Street Journal article, Kroger (#2 grocery chain in the U.S.) and Walmart are ramping up pressures on food suppliers. There is too much lost money due to shortages! Thus, the industry is waking up to the critical importance of on-time delivery and customer [...]