Abstract
The present-day manufacturers do not manufacture all the components and tend to purchase key components from suppliers.In some cases, they outsource the entire manufacturing to contract manufacturers. Supplier risk is the anxiety felt by the manufacturer on whether the supplier selected would perform in sync with the purposes of the organization. The risk mitigators are circumstances that aid the decision makers in reducing the risk and focus on the supplier selection process. The scale developed will help industries to make a meaningful assessment of risk in the process of supplier selection. The risks once ascertained will keep the manufacturer vigilant for the necessary precautionary action. The study is focussed on the auto sector and can be extended to industries in other sectors.
Keywords: Sustainability factors, supplier credibility, Supplier joint work credential, supplier workforce
Section 1-Introduction
The present-day manufacturers do not manufacture all the components and tend to purchase key components from suppliers.In some cases, they outsource the entire manufacturing to contract manufacturers. Read Full Article