The growing interdependence of supply chain and globalization has heightened the levels of vulnerability and volatility without being subsided, and hence the key norm for base of suppliers is uncertainty. There is major demand of modifications in the supply chain for enhancing the scope of survival in the new global environment. This increases the need to identify and eliminate the challenges faced by supplier base as a result of globalization. In the general sense, there has to be a clear understanding of the business environment, while having a broader view in the external risks, along with the ability of holistic management in producing optimal results (Thomsen, 2005). Since the networks of supply chain are not the responsibility of a specific decision maker or stakeholder, there is a major need for initiating collaboration. All of the suppliers are to be managed with significant skills of stakeholder management and negotiation for complementing the expertise of supply chain and the knowledge of market.