a) Discuss the challenges faced by Adidas could encounter in its globaloutsourcing activities.b) Propose procurement strategies that Adidas could adopt to minimise itsoutsourcing risksAnswer should be with proper elaborations and examples. Take your time to answer. This is not a writting assignment , so don't reject if you can't answer. Thank you. inspection procedures from its manufacturing partners and in its own factories. Theeffectiveness of product-related standards is constantly measured through qualityand material complaint procedures.In addition, the company monitors the social and environmental performance criteriaof its suppliers through the compliance monitoring system and environmental KPIs(C-KPI and E-KPI). At the same time, it promotes compliance with social andenvironmental standards throughout its supply chain.By the end of 2020, Adidas worked with 520 independent vendor facilities (2019:631) that manufacture products for their company in 49 countries (2019: 52).The decline is due to its overall ambition to further consolidate its supply chain,primarily in South Korea in 2020. In effect, the intention of the company is to workwith fewer factories, form long-term partnerships and provide them with more orders]Thus, 66% of its suppliers' factories (2019: 69%) are located in the Asia Pacificregion. The number of licensees it works with decreased slightly compared to 2019,with 56 licensees (2019: 62) manufacturing products in 375 factories (2019: 372) in37 countries (2019: 38). Adidas has 68% of its manufacturing partners in AsiaThe Adidas company worked in 2020 in 132 independent manufacturing partners, sixfewer than in the previous year. All of them were producing at 277 manufacturingplants, a reduction of 27 plants.Also, the majority (68%) of its independent manufacturing partners are in Asia, upfrom 73% in the previous year. To keep its production costs competitive, Adidasoutsources almost 100% of its production to independent manufacturing partners.While the company provides its manufacturing partners with detailed specificationsfor production and delivery, they possess excellent experience in cost-effective, high-volume production of footwear, apparel and accessories and equipment.Overall, the company believes that it values long-term relationships: 61% of itsindependent manufacturing partners have worked with Adidas for at least 10years,and 30% are older than 20years.Globally, the company's independent manufacturing partners produced 943 milliongarments, footwear and accessories and equipment in 2020, compared to 1,103million pieces in the previous year.All of its manufacturing partners are subjected to specific performance criteria thatare periodically measured and reviewed by global operations. To ensure the highquality consumers expect from its products, Adidas applies strict control and

Outsourcing is a major trend in global business that has seen an increase over the years with…

Discuss the challenges faced by Adidas could encounter in its global outsourcing activities. b) Propose procurement strategies that Adidas could adopt to minimise its outsourcing risks Answer should be with proper elaborations and examples. Take your time to answer. This is not a writting assignment , so don't reject if you can't answer. Thank you.

Discuss the challenges faced by Adidas could encounter in its global outsourcing activities. b) Propose procurement strategies that Adidas could adopt to minimise its outsourcing risks Answer should be with proper elaborations and examples. Take your time to answer. This is not a writting assignment , so don't reject if you can't answer. Thank you.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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