Purchasing Magazine is hosting a webinar today (2pm EST) that is a good topic for the other side of the sourcing argument in tough times. You can register for the event by following this link.

I have been hearing many rationales on both sides of this fence. Some companies are hurting badly and want to reclaim ground that was lost in the last couple years. Many of these organizations felt their supply base took advantage of them during that period.

Others are taking a more cautious approach, which will be out lined in this webinar. There should be quality reasons for this approach too. I think, like many discussions of strategy, it depends. There are no rules to follow and each challenge must be assessed individually with the risks properly accounted for. Today’s webinar might help build the criteria chart for the proper supplier development and sourcing strategy.