The problem
Manufacturers often depend on a few suppliers, sometimes in one region, and only discover the risk when a part stops arriving. Procurement rules can also lock out capable new suppliers.
What we do
- Supplier risk and diversification: map dependencies, model failures and qualify alternatives, with MaiMai to find and compare suppliers.
- Procurement frameworks: open sourcing to capable new suppliers while keeping technical, warranty and ESG standards.
- Sourcing optimization: stochastic optimization with genetic algorithms across countries, currencies and risk factors.
Evidence
- 30% lower procurement costs for a public social housing organization buying energy-efficient systems. Read the case.
- Domestic can be safer: our optimization found that for some businesses, concentrating on domestic markets reduces risk and gives better long-term outcomes. Read more.
Questions people ask
How can a manufacturer reduce supplier risk?
Map critical parts to suppliers and regions, model what happens when each fails, then qualify alternatives where the exposure is highest. For some businesses, concentrating on domestic suppliers and markets reduces risk more than chasing the lowest unit price abroad.