Operations and Supply Chain Management, 9th Edition WileyPLUS Registration Card + Loose-leaf Print Companion
9th Edition
ISBN: 9781119371618
Author: Roberta S. Russell
Publisher: Wiley (WileyPLUS Products)
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Chapter 11, Problem 22Q
Summary Introduction
To explain: About the disadvantages to US companies offered when having Chinese suppliers that makes them to opt for near shore supply chain.
Concept Introduction: Near shoring 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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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.
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Chapter 11 Solutions
Operations and Supply Chain Management, 9th Edition WileyPLUS Registration Card + Loose-leaf Print Companion
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
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- What is Supply Chain Risk Management? Supply Chain Risk Management (SCRM) is the process of identifying, assessing, and mitigating the risks of an organisation’s supply chain. Implementing global supply chain risk management strategies can help an enterprise operate more efficiently, reduce costs, and enhance customer service. Supply Chain Risk Management Explained Supply chain management refers to how organisations manage the flow of their goods, including all the processes involved in transforming raw materials the organisation consumes into finished products or services the organisation offers. It includes planning and managing, sourcing, procurement, conversion, and logistics. One primary reason that companies implement a global supply chain management strategy is to boost their competitive advantage. That said, the globalisation of supply chains can also increase the potential risks to quality, safety, business continuity, and reputation. Masodi Organics has a warehouse located…arrow_forwardWhat is Supply Chain Risk Management? Supply Chain Risk Management (SCRM) is the process of identifying, assessing, and mitigating the risks of an organisation’s supply chain. Implementing global supply chain risk management strategies can help an enterprise operate more efficiently, reduce costs, and enhance customer service. Supply Chain Risk Management Explained Supply chain management refers to how organisations manage the flow of their goods, including all the processes involved in transforming raw materials the organisation consumes into finished products or services the organisation offers. It includes planning and managing, sourcing, procurement, conversion, and logistics. One primary reason that companies implement a global supply chain management strategy is to boost their competitive advantage. That said, the globalisation of supply chains can also increase the potential risks to quality, safety, business continuity, and reputation. Q.3.1 Masodi Organics has a warehouse…arrow_forwardExplain how market instability in a country (ies) impact the activities of the global supply chain since raw material or finished goods inventories move from a company in a supplying country to another company in a destination country in which times short or long distances traversing through countries are involved.arrow_forward
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