Industry Resources

Reviewing again, while there are a significant amount of risks with outsourcing your supply chain, there are risks if you do not do this since your competitors will be doing this and there are usually as many or more advantages if you can get it done. Assuming your company does the proper due diligence, the proper preparation, the proper submittal process where the materials are approved, the colors are approved, the textures are approved, the sub vendor supply chain is also approved with specific product numbers and making sure all are reputable then you have gone a long way to achieving outsourcing your supply chain success.

Remember that just as with any item you buy, you pay for what you get. Do not go into the outsourcing supply chain venture and then buy the absolute cheapest priced product you can. Getting that last penny is likely to cost you. Leave room so all partners of the deal can have margin and therefore if there is a problem, there will be funds to quickly and efficiently deal with the problem so your business will not be impacted nor hurt.

It is always best to enlist and join forces with a professional organizations to get added experience from gray beards who have done this before. Due to the fact that other organizations will be managing and handling your supply and distribution, your company then then use its management resources more efficiently and can spend more time on further building your business ie.

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