How we wound up picking the wrong supplier

What seems like an easy decision at the moment sometimes looks like a monumental mistake six months later. [...]for highly engineered parts, supplier selection is a little bit like marriage: Bottom line, tight schedules with key hard stops and fixed lead-times to produce products force experienced s...

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Veröffentlicht in:ISE ; Industrial and Systems Engineering at Work 2018-05, Vol.50 (5), p.22-22
1. Verfasser: Templin, Paul
Format: Artikel
Sprache:eng
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Zusammenfassung:What seems like an easy decision at the moment sometimes looks like a monumental mistake six months later. [...]for highly engineered parts, supplier selection is a little bit like marriage: Bottom line, tight schedules with key hard stops and fixed lead-times to produce products force experienced supply chain professionals to make bad choices. With minimal volumes, opening up the opportunity to multiple suppliers means that none have enough volume to get economies of scale to drive the significant price reductions you are promising.
ISSN:2471-9579