Third parties have many advantages, but bever forget they might also mean added jeopardy to your product's quality. Just thing about the 2 biggest flops of the moment:
- Boeing 787 Dreamliner, the most outsourced Boeing plane ever is nowadays grounded, after several safety incidents, meaning million of euros in losses for the American company;
- The Findus horse-meat scandal, in which a supplier is now accused of selling horse meat as beef.
The fact is that having third parties supplying key raw materials is many times the right thing to do - they offer competitive advantages that complement yours, and reinforce the product. But you should never lose control of the quality - you need to make sure you have adequate controls in place to ensure your product's quality is exactly at the "Value - Production Cost" equation's right spot. Never forget it! Or you might be heading for trouble...
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