Sourcing Beyond China: Balancing Risk & Cost and Getting China Sourcing Right while Integrating New Supply Markets:
27th May 2021, 12.30AEST
Australia’s open economy and integrated global supply chains imply that getting the balance right between risk and cost is not easy. Cost reduction pressures often drive procurement decisions that generate ‘savings’ but increase risk. The past year has shown up many examples of poor past choices. Moreover, the world has changed fundamentally – protracted economic fallout, travel restrictions, ongoing supply chain disruptions, reduced supplier visibility, and many new uncertainties. In this environment, business as usual is not an option and, for many companies across industries, fundamental supply chain choices must be revisited, i.e. ‘buy vs make’ decisions; offshoring, re-shoring, near-shoring and onshoring; and the different supplier engagement models. All this in a dynamic and increasingly complex global environment. We will explore these topics, evaluating the risk/cost trade-offs, and also touch on:
- Global risk landscape and implications for astute supply chain leaders
- Strategic and tactical approaches under uncertainty
- Emerging supply markets & clusters
- Category choices for global sourcing
- Capabilities and skills for global procurement teams
Kobus van der Wath, Founder and CEO, Axis Group International in conversation with Jonathan Dutton.
Kobus is the Founder and CEO of Axis Group International. He has been working in Asia for over 25
years and is currently based in Dubai and Beijing. Before founding Axis Group and The Beijing Axis, he was Head of Investment Strategy and Global Market Research for Asia Pacific for Standard Chartered Bank Plc. Prior to that, he was a Senior Strategy Consultant with the Boston Consulting Group in Asia.
He holds an MBA from INSEAD in France, a Master of Business (I.T.) from Curtin University in Australiaand BCom Honours degrees in Finance/Investments and Economics, respectively from UJ and Unisa in South Africa.
He is well published and has received numerous invitations to present as a keynote speaker in over 25
countries. He is regarded as a thought leader on the topic of China cross-border business. Kobus was
the first person from Africa to publish a book about ‘Doing Business in China’, which was
commissioned by the China Ministry of Foreign Affairs. He also published a book in Mandarin called
‘Invest in South Africa’, which was commissioned by the China Ministry of Commerce