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For companies that have mostly used external suppliers, isn’t supply chain risk the suppliers’ responsibility?

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Question added by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town
Date Posted: 2014/05/05
Irina Chepel
by Irina Chepel , Personal trainer , Freelancer

Your company - you choose suppliers - big part of your responsibility

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Company cannot wash off its responsibility. The business is not suppliers' it is ours. It is our responsibility to link the risk as far as possible with the supplier.  The Rest of which is our part of the game.

Mukesh Varadhan
by Mukesh Varadhan , Administration Manager , M/s. Triton Health Care

It's company's responsibility. That's why all the research is getting done before appointing any supplier. 

Mohd Mustaqeem
by Mohd Mustaqeem , Executive Secretary , SAUDI PAN KINGDOM CO

A supply chain may not be quite as dynamic or complex as capital markets, but when it comes to managing supply chain risk the challenge is, arguably, can be as formidable as managing risk for instruments such as mortgage-backed securities or credit default swaps. Perhaps that is because of all the moving parts that there are in a supply chain, which we define as a network of companies that cooperate to convert ideas into goods or services for their customers.

Saiful Islam Hiron
by Saiful Islam Hiron , Site HR Manager , Handicap International

I agree with colleagues answers.

when Japan was hit by a tsunami in2011, most companies thought their supply chains were safe because they had multiple suppliers as backups. As it turned out, many of those suppliers relied on the same secondary suppliers, causing the entire supply pyramid to collapse.

zafar abbas minhas
by zafar abbas minhas , Freelance Writer , DAILY MASHRAQ

AGREED WITH MISS IRINA CHEPEL.................

Elke Woofter
by Elke Woofter , Project Assistant , American Technical Associates

No, it is your obligation to check out your vendors ... that they have the ability to provide the goods to you.

A vendor can only take the order and fill it in time to the best of their ability, but can not foresee a strike ... not all vendors will eat the cost of higher priced merchandiser... however they must inform you and source other manufacturers, but you are the one which is agreeing to a higher price ...  or cancel the order 

Risk is an important part of the company's work

(Risk Management Department)

You have to pay attention

 

That should be

Haseeb Khalid
by Haseeb Khalid , Sales and Promotion Manager. , Medi Urge

one benefit of supply chain is you are not totally dependent on one external supplier.

Bhojraj      Dahal
by Bhojraj Dahal , Operation coordinator , L’Oréal

Nice answers . I read all.

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