Suppliers outside the EU _2
7 September 2012
Q: I am the purchasing manager in a medium-sized firm making engine parts. Our financial director is increasingly asking me whether we should be looking beyond our usual supply base, and specifically outside the EU, for some components. How should I begin
A: Darran Evans, managing director of Masai UK, writes: When sourcing outside the European Union, you should consider these points.
First, any decision to change the supply base should always be taken within the context of a wider purchasing strategy. The absence of a strategy can lead to short-term, "reflex"-type decisions that...