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Identifying tier one key suppliers

Author

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  • Wicks, Steve

Abstract

In today’s global marketplace, businesses are becoming increasingly reliant on suppliers for the provision of key processes, activities, products and services in support of their strategic business goals. The result is that now, more than ever, the failure of a key supplier has potential to damage reputation, productivity, compliance and financial performance seriously. Yet despite this, there is no recognised standard or guidance for identifying a tier one key supplier base and, up to now, there has been little or no research on how to do so effectively. This paper outlines the key findings of a BCI-sponsored research project to investigate good practice in identifying tier one key suppliers, and suggests a scalable framework process model and risk matrix tool to help businesses effectively identify their tier one key supplier base.

Suggested Citation

  • Wicks, Steve, 2013. "Identifying tier one key suppliers," Journal of Business Continuity & Emergency Planning, Henry Stewart Publications, vol. 6(3), pages 210-221, March.
    • Handle: RePEc:aza:jbcep0:y:2013:v:6:i:3:p:210-221
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    Cited by:

    1. Sarker, Sudipa & Engwall, Mats & Trucco, Paolo & Feldmann, Andreas, 2014. "Effects of product and supplier criticality on resilience capabilities: An empirical analysis of a global supply chain," INDEK Working Paper Series 2014/7, Royal Institute of Technology, Department of Industrial Economics and Management.

    More about this item

    Keywords

    key supplier; risk; impact; disruption; failure; procurement; outsourcing;
    All these keywords.

    JEL classification:

    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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