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Managing risks in supply chains is challenging for most companies given that the globalisation process is strengthening production constraints and also introducing more procurements risks. This is difficult for smaller companies in particular as they lack the resources necessary to develop specific expertise or buy expensive tools. Our research aims to address these issues by proposing an easy to...
As the second largest in the world, the Chinese automobile market has become more and more important for automakers. However, the competition pressure in this market is ever increasing. To keep profitable, the automobile companies must pay special attention to cost control. Since the procurement cost takes most part of the complete vehicle cost, reducing procurement cost was made the first choice...
The prevalence and primary characteristics of concurrent engineering between clients and suppliers in the South African automotive component manufacturing industry was investigated. The global trend towards Follow Source and Follow Design has had a detrimental effect on locally owned automotive supplier companies in developing countries such as South Africa. It was proposed that the effective use...
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