Operations and Supply Chain Management 9th edition
9th Edition
ISBN: 9781119320975
Author: Roberta S. Russell, Bernard W. Taylor III
Publisher: WILEY
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Chapter 11, Problem 19Q
Summary Introduction
To explain: Three potential locations for US companies to near shore their supply chain, and discussing about their respective advantages and disadvantages.
Introduction: Nearshoring implies that an organization transfer its processes through outsourcing to a company that offer low cost and good value but is located within its region and is located geographically close to the organization.
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With the growing complexity of managing worldwide supply chains, coupled with significant pressures to reduce cost at the firm level, supply managers must learn to manage the inherent risks of global sourcing effectively and efficiently.
Where is the supply chain organization vulnerable to potential risk? Identify at least four risks.
Why is the organization vulnerable?
How will this risk affect the organization if it happens?
How will this risk affect the organization’s customers and suppliers?
What are the causes of the risk?
Why International Supply Chains are much more complex than simple domestic supply chains? List four reasons why purchasing from an international supplier makes the process more complex.
Global Supply Chains today are subject to more risk factors than localized supply chains of the past. Underestimating risks in global supply chains and not having suitable mitigation strategies in place can result in painful outcomes. It is thus critical for global supply chains to be aware of the relevant risk factors so that they build in suitable mitigation strategies. Discuss, giving examples where necessary, five risk factors facing global Supply Chain.
Chapter 11 Solutions
Operations and Supply Chain Management 9th edition
Ch. 11 - Prob. 1.1ASCCh. 11 - Prob. 3.1ASCCh. 11 - Prob. 6.1ASCCh. 11 - Prob. 7.1ASCCh. 11 - Prob. 1QCh. 11 - Prob. 2QCh. 11 - Prob. 3QCh. 11 - Prob. 4QCh. 11 - Prob. 5QCh. 11 - Prob. 6Q
Ch. 11 - Prob. 7QCh. 11 - Prob. 8QCh. 11 - Prob. 9QCh. 11 - Prob. 10QCh. 11 - Prob. 11QCh. 11 - Prob. 12QCh. 11 - Prob. 13QCh. 11 - Prob. 14QCh. 11 - Prob. 15QCh. 11 - Describe the differences and/or similarities...Ch. 11 - Prob. 17QCh. 11 - Prob. 18QCh. 11 - Prob. 19QCh. 11 - Prob. 20QCh. 11 - Prob. 21QCh. 11 - Prob. 22QCh. 11 - Prob. 23QCh. 11 - Prob. 24QCh. 11 - Prob. 25QCh. 11 - Prob. 26QCh. 11 - Prob. 27QCh. 11 - Prob. 28QCh. 11 - Prob. 29QCh. 11 - Prob. 30QCh. 11 - Prob. 31QCh. 11 - Prob. 32QCh. 11 - Prob. 33QCh. 11 - Prob. 34QCh. 11 - Prob. 35QCh. 11 - Prob. 36QCh. 11 - Prob. 37QCh. 11 - Prob. 38QCh. 11 - Prob. 39QCh. 11 - Prob. 40Q
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- "How has globalization impacted the supply chain management of a multinational corporation operating in multiple countries?"arrow_forwardIn international trade of services, the mode supply named “Cross-border supply” is Similar to international traditional trade (trade of products). True False If answer is false, give the good answer course: export of servicesarrow_forwardHow will suppliers be selected, managed, and evaluated to improve the sustainability initiatives of global organizations?arrow_forward
- Supply chains represent both local and global companies working together. What are some of the risks associated in both situations?arrow_forward4. What are some potential advantages and benefits with the Government of Canada selecting a Canadian supplier? 5. In your opinion, should the Government of Canadafocus primarily on dealing with Canadian companies? Why or why not?arrow_forwardwhat is the supply chain and regional competitiveness of walmart in south africaarrow_forward
- Due to Covid-19 restrictions in China, the South Korean branch of Samsung is looking to rely on suppliers from other countries, such as Japan, South Africa, and China. With examples related to Samsung, explain any four disadvantages associated with using international suppliers.arrow_forwardShould a prospective entrant choose cooperation over rivalry in a sector where there are many competing suppliers? What factors does it consider when making a decision?arrow_forwardGlobal supply chains are exposed to similar risks as those faced by domestic supply chains and additional risks that are more global. The table provides a non-exhaustive list of the various types of risks faced by multinational companies. Natural disasters, geopolitical events, epidemics, or terrorist attacks can shut down production lines because of a lack of parts inventory. This is exactly what happened to some semiconductors during the recent COVID-19 impact on the global economy. In the case of semiconductors, they are located in Asia, creating a risk of geographic concentration. Semiconductor components are lightweight, modular, and high-value-added products. This combination lends itself to a heavily traded global value chain. But high barriers to entry also make the industry entrenched. While the United States designs many advanced chips, production is highly concentrated in South Korea and Taiwan. However, the United States, mainland China, and other regions also manufacture…arrow_forward
- Supply Chain Management: Describe how can a firm would optimize the global supply chain to ensure a steady flow of raw materials and components, minimize disruptions, and mitigate risks associated with geopolitical uncertainties, natural disasters, and supplier reliability.arrow_forward“Don’t ship air” and “don’t ship water” are the bases of some important supply chain strategies. What do these statements really mean? What are the related strategies? How do these strategies help?arrow_forwardWhen considering a potential source country/region for your global supply trade structure, you need only look at the baseline cost of their commodity. Select one: O True O Falsearrow_forward
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