Loading ...
Category Manager Bob Zieger discusses the shift in supplier risk focus away from financial and towards operational.
This segment is a clip from the LinkedIn Strategic Sourcing & Procurement group member conference call on commodities. You can stream the full replay here (embedded player top center). Request to join the group here.
Justin Fogarty is Managing Editor of Supply Excellence and community manager of Ariba Exchange. For any questions or feedback on the blog or its contributors, Justin can be reached at jfogarty[at]ariba.com.
1 response so far ↓
1 Livia Decker // May 11, 2010 at 4:49 pm
I totally agree with Bob,However, I would rephrase the importance slightly: operational is to be in focus in the day to day lives of the commodity managers, and they should prefectly understand the Tier 2& Tier 3, i.e. the entire suply chain behind the supplier in order to maintain sustainability and cont. supply of quality product. However, financial still should be in focus and be checked regularly in order to have the warning sign in case there some financial issue that might occur with the supplier and before it has a serious impact on our supplies to either switch or provide support - depending on the type of supplier. Switching always has an element of risk in it, therefore providing support before the big financial bang happens seems to be more suitable. But these 2 are equally important, - operational on a day to day level, while financial on the long term.
Leave a Comment