Video descriptionIn recent decades, major original equipment manufacturers have pared their ranks of suppliers and delegated the management of lower-tier suppliers to their trusted top-tier providers. The benefits are great, measured in cost savings and efficiencies. But has the delegation has gone too far? It definitely has, argue Thomas Choi and Tom Linton in Harvard Business Review's December 2011 issue. They say that many OEMs now rely too heavily on first-tier suppliers and that doing so is dangerous, weakening OEMs' control over costs, their visibility regarding technology developments and market shifts, and their ability to innovate and manage risks. Listen here.
Table of contents
- Title: Don't Let Your Supply Chain Control Your Business
- Release date: December 2011
- Publisher(s): Harvard Business Review
- ISBN: None
You might also like
How to Do Nothing
A galvanizing critique of the forces vying for our attention-and our personal information-that redefines what we …
Fall in Love with the Problem, Not the Solution
Unicorns-companies that reach a valuation of more than $1 billion-are rare. Uri Levine has built two. …
The McKinsey Edge: Success Principles from the World’s Most Powerful Consulting Firm
47 strategies elite managers follow to reach the highest level of success The McKinsey Edge culls …
What Is AI?
What is artificial intelligence? What are the technologies that drive it and how do companies deploy …