A short note on a sourcing strategy

Beyond Conventional Wisdom in Sourcing

What is multi-sourcing?Adidas wanted all three things to bid on each other but their tasks were interdependent. Making the suppliers compete with each other brought the costs down. Toyota has a supplier council where they develop suppliers.
What needs to be done is balancing competition with collaboration among vendors. Creating a multi-sourcing strategy hinders the suppliers to exhibit opportunitism.

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