Safe Supply Chains: Mitigating the Risks of Global Outsourcing
Thursday January 30 • 10:30am-12:00pm
Cargo Logistics Canada, Vancouver Convention Center West
www.cargologisticscanada.com
Panel session description:
Supply chains have gotten both faster and longer in recent years and companies have become accustomed to using outsourcing for competitive advantage. By now, organizations have long sourced in China, and other Asian countries like Vietnam, India, Bangladesh and China have grown in popularity as sourcing destinations. Latin America and Eastern Europe are also increasingly common sourcing destinations.
But sourcing abroad or contracting outside workers involves both risks and rewards. Recent natural disasters, factory fires and controversy surrounding Canadian jobs outsourced overseas have highlighted the risks to an organization’s reputation, efficiency and bottom line.
This panel conversation will highlight steps organizations can take to mitigate the risks inherent in outsourcing, as well as discussing tools and resources available to deal with that risk. Procurement, risk management and HR professionals—among others—will provide best practices for outsourcing while looking at how to develop flexible and effective global sourcing strategies.
A featured editorial report on this session will appear in the March/April 2014 edition of PurchasingB2B.
Moderator:
Michael Power, editor, PurchasingB2B
Panel Participants:
To be determined