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DMSCA: An Innovative Approach to Supplier Performance Improvement

Tuesday, September 12, 2017   (0 Comments)
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Daniel Stanton
Executive, Entrepreneur & Educator

 

Ever since Yossi Sheffi published The Resilient Enterprise in 2007, the supply chain community has paid much more attention to the issue of risks. All of us know that there are lots of things that can go wrong in any supply chain. The Supply Chain Risk Leadership Council even tried to capture these risks in a list that I affectionately call the "Seven Pages of Plagues". (If you're ready to have nightmares about the range of calamities that might ravage your supply chain at any moment, spend some time reading Appendix 2.1 in this report...)


Most of the plagues (supply chain risks) on this list are totally beyond the control of supply chain managers. There's just not much we can do to prevent earthquakes, floods, or worldwide economic crises. But there is one segment of these risks from which almost all of our companies could generate significant positive returns with a series of small, but smart, investments: supplier performance risk.

 

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