The contribution of global sourcing to the economic performance of organizations: Analysis of the points of view of the supply chain participants
Abstract
Purpose: This paper aims at investigating the reasons for the complex and long lead time from global suppliers that causes inventory shortages. It focuses on supply chain risk management in global sourcing. This study has revealed all the specific risks of a global sourcing project and has provided some solutions for risk management: three-step risk management, safety stock, data sharing and driving supplier performance.
Design/methodology/approach: A qualitative study is conducted to propose concrete recommendations on three topics: risk management, safety stock and information sharing. A semi-structured survey-guided interview was used to collect related data, and the answers were assessed using syntactic, lexical, thematical and NVivo software analysis.
Findings: This study has revealed all the specific risks of a global sourcing project and has provided some solutions for risk management: three-step risk management, safety stock, data sharing and driving supplier performance.
Originality/value: Through research work, we have noticed that the world of the Supply Chain is constantly evolving and that it is becoming more and more complex. Through these interviews, we have noticed that the role of purchasing is changing differently in each sector.
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PDFDOI: https://doi.org/10.3926/jiem.2574
This work is licensed under a Creative Commons Attribution 4.0 International License
Journal of Industrial Engineering and Management, 2008-2024
Online ISSN: 2013-0953; Print ISSN: 2013-8423; Online DL: B-28744-2008
Publisher: OmniaScience