Topic: BusinessIndustry

Last updated: April 19, 2019

With the increasingly fierce market competition, efficient, fast and stable supply chain has become the basis of enterprise production and development, and supplier risk management and control is an extremely important part of the enterprise supply chain, which is bound to be related to its overall advantages in the supply chain, which is particularly important for foreign trade companies. Because foreign trade companies do not directly engage in production and manufacturing, all goods must be highly dependent on downstream suppliers, suppliers are the key components of the whole operation system of foreign trade companies. Because of the competition and interests of the industry, the risk of shifting suppliers is also urgently needed. How to select and manage suppliers successfully, grasp suppliers’dynamics in real time in the process of cooperation, and prevent and avoid the risks brought by suppliers to enterprises are the keys for foreign trade companies to gain their market position and overall competitive strength in the supplier chain.


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