Supply Chain Management

You’re Not in China Anymore: How to Find the Right Suppliers in New Regions

By Chip Barth

July 18, 2022

Diversifying Your Supply Base is Challenging. The Right Plan Can Help.

A supplier selection strategy that begins with a solid business case with well-defined requirements can help a company find partners that support and advance their business goals.  Manufacturers are increasingly moving production away from Asian suppliers and into other regions of the world. Whether you are setting up shop in Mexico or another low cost country alternative, it is important to understand that finding the right suppliers is a complex process.

4 steps to new supplier selection and tips for creating a successful transition.

  1. Defining requirements
  2. Exploring suppliers and developing the shortlist
  3. Initiating the RFP process and selecting a supplier
  4. Building a project plan for the transition

Companies must invest time and effort in the supplier discovery phase as well as be clear to the team on the most critical business and product requirements before initiating an RFP.

Complete the form to download the article and ensure that you have a plan to handle the challenges that can and will arise, and resist the temptation to skip steps that will make the difference. 

Meet the Expert

Chip Barth

Chip Barth

Email Chip
Chip Barth is Managing Director of TBM’s Global Supply Chain practice where he helps clients to make operational improvements, reduce working capital and improve service levels while lowering the overall cost to serve.

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