Global supply chain management is no easy feat. This article details recent difficulties at overseas factories, and lays out some potential solutions for companies to better manage their suppliers and their supply chain. Each step involves additional – though certainly necessary – action on the part of the principal to protect your investments, their products, and their business. We here at Etratech would like to present an alternative to the idea of placing the burden on the customer: the Total Acquisition Management (T.A.M.) system. Rather than placing the tasks of imparting a Supplier Code of Conduct, initiating collaboration with your supplier, and simply “turning risk into opportunity” to you, we manage all steps of the supply chain for you.
What does this mean? For starters, Etratech fully owns and operates our Asia facility. This means that a “Supplier Code of Conduct” that you would expect is already in place and monitored to our exacting standards, not those of another operator. Working with Etratech, you only have one step of research to ensure that your supplier is up to your standards, taking the guesswork out of wondering at just what kind of facility your parts are being manufactured.
Next, collaboration with our customers is built into our service and philosophy. We reach out to you and your engineers at every step of the process to harness our collective expertise and ensure that we’re all on the right track toward meeting goals.
Finally, turning risk into opportunity is an optimistic and worthy goal, to be sure, but in uncertain times it can be easier said than done. By locking into Etratech’s expansive network of suppliers and stable supply chain via T.A.M., you’re mitigating much, if not all, of any risk involved.
Be sure to view our YouTube introduction for more information on T.A.M. and all of our other services.