What do incumbent suppliers have in common with Luis Suarez?

Jeremy Smith Blog, Procurement 0 Comments

The underlying issue of long term contracts is that changing circumstances may render terms unappealing to one, or even both, of the relevant parties. In this context, how can the buying party ensure a certain level of control? In this post, I have turned to the lucrative world of football for inspiration. Benching Nasri The Premier League has seen several …

Weak supply chains stunt development

admin Blog, Supply Chain 0 Comments

Supply chains form the basis of a successful business and companies need to ensure they have a contingency plan should something go wrong. Often an event affecting a select number of suppliers can severely delay the production process of an entire company or even industry. Recently, a factory fire in a small town in Germany caused great concern within the …