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 32Q
Summary Introduction
To explain: The 10 benefits of World Trade Organization (WTO) as listed in their website.
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Explain 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.
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.
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.
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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?
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
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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- What might explain why TFP difers so much across countries?arrow_forwardDue 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_forwardExplain in detail how you would undertake this sourcing exercise in order to ensure that you select the best possible supplier for the long termarrow_forward
- Select a company that has a global supply chain anddescribe it, including purchasing, production, distribution,and transportationarrow_forward"How has globalization impacted the supply chain management of a multinational corporation operating in multiple countries?"arrow_forwardProcurement - The problems areas for global supply do not apply to domestic supply. True Falsearrow_forward
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