Fundamentals

Sourcing and Suppliers

Choosing, managing and mapping suppliers.

How Companies Choose Suppliers

The criteria companies often weigh besides price when choosing suppliers: quality, reliability, capacity, financial health, location, compliance and fit.

5 min read

Lean Principles in Supply Chains

An introduction to lean ideas applied to goods flows: the types of waste, value from the customer's view, pull systems, flow, and the risks of running too tight.

5 min read

Single Sourcing Versus Multiple Sourcing

A balanced look at buying from one supplier versus several: benefits of concentration, benefits of redundancy, and how buyers decide for different items.

4 min read

Supplier Dependence and Concentration Risk

How heavy reliance on a few suppliers, regions or routes creates concentration risk, how to recognize it, and the common ways buyers reduce their exposure.

4 min read

Total Cost of Ownership in Sourcing

Why unit price alone misleads sourcing decisions, which cost categories make up total cost of ownership, and a clearly hypothetical worked comparison.

4 min read

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