Concepts:
supply chain, management, business, risk, logistics, resources, industry, Webcasts, sourcing, high-tech, China, Blogs, Construction, Leadership.
Summary:
Risk management takes on new meaning for supply chain managers doing business overseas during a global recession, said key industry analysts.
Sourcing from low-wage countries like China seemed like such a logical idea before the world's economy went south, said C.J. Wehlage, research director, AMR, Research.
But with demand continuing to slacken, logistics decision-makers are now more concerned with maintaining the integrity of their pipeline.
"The failure of some suppliers in China has become an issue," he said. China is the region that contributes the most risk to global supply chains, that study concluded.
"And for high-tech companies requiring more solutions in a down economy, the complexity of reliable sourcing is even more intense," he said.
A similar view was shared by Keith Baranowski, vice president, SAP America, who said that "demand management" was back in vogue with high-tech executives.
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