compare the following and include examples for each: Domestic purchasing and supply. International purchasing and supply. International and Global sourcing.
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compare the following and include examples for each:
- Domestic purchasing and supply.
- International purchasing and supply.
- International and Global sourcing.
Step by step
Solved in 2 steps
- In comparing and contrasting different sourcing strategies, identify and describe briefly four (4) of the six (6) sourcing strategies for consideration in supply chain management. 2. Assuming that the strategy of few suppliers is listed among your four (4) strategies above, identify one (1) advantage and one (1) disadvantage of using this sourcing strategy.What criteria should business use to select suitable distributirs in China and what performance indicator should be used to evaluate supply chain performanceOrganisations today aim at expanding their supply base and including foreign suppliers primarily for getting a better value as compared to domestic suppliers - Explain with reasons. In the light of above statement explain the benefits of Global Sourcing
- you are a procurement manager of a large company which has 10,000 employees working in its plants. The company offers lunch meal for its employees. Employees complains that they need some healthy drink after meal especially during hot weather. The company manager decided to decide to provide the employees with Yogurt (sweetened with fruits flavor, plain, or salty) but it should be Palestinian product in order to support the domestic producers. As a procurement manager, identify the processes to of purchasing decision with explanation?The nature and operation of supply chain is more complex. Global sourcing increases the supply chain risks. With practical examples, discuss the different categories of sourcing risks based on Mason and Towill's original framework.With the use of relevant examples, discuss below criteria that an organisation uses when selecting suppliers 1. Product quality 2. delivery reliability 3. purchasing costs 4. customer services 5.Financial aspects 6.Co-operation and partnership 7. Legal criteria
- Procurement - The problems areas for global supply do not apply to domestic supply. True FalseForeign vendors are added to a company's supply chain for a variety of reasons. However, the fundamental motivation for utilising an international provider is because that source is thought to offer better value than a domestic supplier. Explain ANY FOUR reasons for global sourcing and make reference to the attachmentDescribe supplier selection and evaluation process and what are the differences between local and global sourcing? Explain also in which situations either of the options are preferable.
- Foreign vendors are added to a company's supply chain for a variety of reasons. However, the fundamental motivation for utilising an international provider is because that source is thought to offer better value than a domestic supplier. Explain ANY FOUR (4) reasons for global sourcing.Choose any supply chain strategy that you learnt in the class. Select any multinational corporation and read its data in connection with your chosen supply chain strategy. On the basis of your own analysis, write a comprehensive report detailing the strengths as well as shortcomings of that supply chain strategy in the selected organization.Please do not copy pasteAdd references of difference authentic sources (academic as well as professional) that you have read in order to write the reportYour report should be between 750 and 800 wordOutline the relevant steps a supply chain manager should take to get the best product at the bestprice in strategic sourcing
