Risk Management

Last Updated on Thursday, 07 June 2012 10:07

Low cost, Low Risk

Managing on offshore or outsourced supply chain in a low cost geography may on the face of it, appear to have never been as straight forward as it is now.  The improvements in travel, communications, technology and the relentless pace of globalisation have been drivers of extended supply chains.  However, while some aspects of managing suppliers in low cost geographies have become simpler, the risks associated with these extended relationships have undoubtedly increased.  The speed of change driven by technology is clearly seen in the behaviour of global financial markets, natural disasters appear more frequent and have greater impact to extended supply chains, currency fluctuations, social and political unrest, increased customs and government compliance, corporate social responsibility and governance and legal requirements are just some of the challenging developments we have seen in recent years

At eXception we have over 25 years of extended supply chain management and look beyond just managing the supply base to deliver on time to the required quality level at the right price.  We strive to have a portfolio of supply partners in different regions, with a range of capabilities which provide resilience to disruptions in supply in both the short and medium term.  When developing customer focused supply chain solutions we consider the wider picture. In our thought processes in supplier selection, risk management is always a key consideration.  We aim to provide lower cost solutions but with lower risk