G Company Quality, Cost And Risk Integration Management In The Strategic Sourcing

In the case of the degree of global trade liberalization has been the deepening of theglobal economy is moving towards the integration of the enterprises to be more inclined toseek the best suppliers in the world, not just confined to a small area of sourcing. However,often for the sourcing of high quality, inexpensive materials while ignoring the risks orignore one failure mode and even deviated from strategic sourcing original intention.First of all, most companies put sourcing on the height of the company’s strategy, inother words, refers to the use of advanced technologies and means, under the guidance ofthinking of the supply chain, to find suppliers, sourcing the best quality goods or service inthe world. Reasonable price of materials that it just in order to ensure the lowest total costof the product. With the continuous advancement of science and technology and economicdevelopment, the globalization of information networks and global competition marketgradually formed a global strategic sourcing has become national enterprises to make fulluse of resources around the world, reduce costs and transfer risk to enhance their corecompetitiveness of an important means to fight for the maximum degree of profit.Many multinational companies tend to adopt centralized global sourcing and quicklyoccupied the commanding heights of the market that means, they tend to reduce the unitcost of sourcing as one of the strategic sourcing of qualified suppliers, pioneering in theworld and so on. By expanding the range of supplier selection, introduce more competition;reduce sourcing costs, however, which greatly increased the sourcing of higher risk andsupplier quality management requirements. On the one hand, the company internalcolleagues prone to infighting fear of unemployment, but also worried about the loss of thecore technology, on the other hand, the product quality and cost are worried about the fearof damage to the company’s reputation because of quality problems.Therefore, various multinational companies are looking for a more optimized form ofstrategic sourcing to avoid risks, to seek low prices, satisfactory quality; seeking to further reduce the cost of space, or even directly setup one supplier quality managementdepartment and sourcing risk response measures to directly participate in the quality, costand risk management of suppliers, in order to seek the best combination of quality, costand risk to minimize.Based on such background, coupled with my nearly10years of experience of the U.S.and European multinationals, the thesis focuses on the G company in strategic sourcingsuccess points for the quality, cost and risk management, besides the weakness or limits, Iproposed some personal insights to support my future career development and othersreference.