Aug 23, 2017
Needed: A New Way to Manage Risk in Low Cost Countries
Nowhere are disruptions more prevalent than in Low Cost Countries (LCC’s), which have become the focal point for outsourced contract manufacturing for major apparel brands such as Nike, Under Armour, Gap, Apple, and others. As organizations have expanded their supply chains globally, they have moved to outsourced manufacturing that reduces cost, but which also exposes their brand to greater risk. “Instead of brand versus brand or store versus store, it is now suppliers—brand—store versus suppliers—brand—store, or supply chain versus supply chain,” as Lambert and Cooper[1] highlighted in a seminal research article in 2000.
