ProcurementIQ’s custom research analysts are trained to offer unique solutions to your procurement challenges. When tough sourcing projects arise, you can rely on CustomIQ for tailored market intelligence that answers your specific questions.
To help you understand the range of custom research services offered, we provide project samples like this one on supply chain mapping.
You can view the full project by downloading the custom report here.
Introduction
The COVID-19 pandemic has placed extra pressure on supply chains across the globe. With shortages and delays popping up left and right, many companies have taken steps to strengthen their risk mitigation practices. For procurement, this has translated to added supply chain scrutiny. To help anticipate supply issues, diligent procurement departments have been thoroughly investigating their suppliers’ suppliers more carefully in order to get to the root of the problem.
The Client
While bolstering their risk mitigation program, a large American-owned and -operated manufacturing company took a close look at their biggest suppliers. While their manufacturing operations are fueled by suppliers around the world, the client reported at least 50 first-tier suppliers that operate stateside. Despite being in proximity to many of their large suppliers, this manufacturer has still faced challenges securing the components needed to produce their goods. To better understand the cause of their supply chain issues, the client came to ProcurementIQ for help looking further upstream.
The Project
To help this manufacturer pinpoint red flags in the second tier of their supply chain, ProcurementIQ set out to trace the origins of several first-tier suppliers’ inputs. To provide the most accurate information, we focused our research on first-tier suppliers that operate within the United States. While information was not available for all of our client’s first-tier suppliers, we were able to tackle many of their largest providers of critical components.
You can view the full project by downloading the custom report here.
With the first-tier suppliers having anywhere from one upstream supplier to more than 50 upstream suppliers, the time devoted to this research varied significantly from case to case, sometimes exceeding eight hours per supplier.
In the Robertshaw Controls example, our analyst looked identified 13 of their upstream suppliers. After identifying their upstream suppliers, the analyst provided insight into their location, revenue and ports of entry, among other details.
Looking for supply chain research? Talk to us about your research needs to see if CustomIQ is right for you.
