Many companies with global operations are adopting a China Plus One strategy to reduce the risk of supply shortages and delays.
But how could a manufacturing company with a production plant in China and dependence on local suppliers mitigate risk?
Discover how GEP helped a manufacturing giant conduct risk assessment of its key components, negotiate lower rates with new suppliers and improve landed costs by 10%.
What’s Inside:
- Defining the risk assessment framework and identifying critical high-risk components
- Finding suitable vendors in North and South America
- Reducing lead time and inventory carrying cost
This case study is essential reading for procurement professionals who want to mitigate supply risk and boost resiliency.
Theme: Procurement
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