SupplyChain Magazine February 2018 | Page 40

‘ Kering ’ s report specifically addresses the potential risk to the security , operations and assets of a company as a consequence of climate change ’

P R OCUR EMENT INSIGHTS

‘ Kering ’ s report specifically addresses the potential risk to the security , operations and assets of a company as a consequence of climate change ’

SUPPLYING FROM LARGE organisations has many benefits , as these usually have a greater worldwide reach and legal advantages , including in most cases , the lesser likelihood of folding . However , there are increasing advantages to sourcing from smaller and mediumsized enterprises as many industry insiders highlight the advantages to a diversification of the supply chain .
So , what are the advantages of utilising SMEs over the larger enterprises . Well , SMEs can offer efficiency at a local level , as working with businesses closer to home can improve the speed of the supply process . Additionally , small companies often provide more innovative services as they bid to stand out from their competitors . Using a number of SMEs rather than one single company also
40 February 2018