5 responses 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.

• 2 wms // Jun 15, 2011 at 7:18 pm

  Financial risk of supplier seems to be more manageable when compared with operational risk. But financial risk is still the important issue taking into account of current economy.

• 3 Logistics // Sep 17, 2011 at 2:41 pm

  Supplier is the important factor in supply chain but they have many difference criteria of production and transportation so I think the customer should be consider to closely communication with them

• 4 3PL // Sep 17, 2011 at 2:46 pm

  Today the transportation by third party logistics provider is very global, this is the one point of improvement that risk supplier need to manage and make it first priority.

• 5 Muda // Oct 13, 2011 at 2:28 pm

  I love your post , thank for sharing ^^

Leave a Comment