Sole-source supply options
28 August 2012
Q: I work for an engineering contractor and our supplier for a particular product is the sole source. It knows this, and that it will get orders from us regardless. This puts us in a weak position in ensuring competitive pricing. We also have to manage th
A: Jane Gibbs, supply chain director at Rok Property Solutions, writes: I am guessing that your supplier is the original equipment manufacturer for this product, but there are a number of things you can usefully do that will give you a clearer picture of the situation.
If you haven’t already, I suggest you do a portfolio analysis of...