Discuss the nature of social and labor issues that domestic manufacturers will likely face with their international suppliers. Why is it important to understand the cultural background of a foreign supplier?
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Discuss the nature of social and labor issues that domestic manufacturers will likely face with their international suppliers. Why is it important to understand the cultural background of a foreign supplier?
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- Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. Why can changes within a supply chain disrupt the normal flow of goods and services within a supply chain?Organisations 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 SourcingWhy 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.
- Is it essential to find an overseas supplier? WhyHow will suppliers be selected, managed, and evaluated to improve the sustainability initiatives of global organizations?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 reasons for global sourcing and make reference to the attachment
- 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?H.B. Fuller Corporation illustrates how first-hand information gained through supplier visits plays a large part in narrowing the supply base. Latin America sourcing manager Roy Calderón of H.B. Fuller narrows down his list of suppliers by obtaining first-hand information. Whenever possible, that means touring supplier plants and interacting with the supplier’s staff. “I have a technical and manufacturing background, so I first try to understand the logistical and manufacturing capabilities of a supplier, as well as their quality assurance process and systems,” says Calderón. What he sees at a supplier’s plant helps him determine how much H.B. Fuller, headquartered in St. Paul, MN, can expect from that supplier in the way of consistent quality. Calderón scrutinizes the plant’s infrastructure as well as its production staff. “Morale and work environment is hard to put into hard numbers or dollars, but it needs to be part of a supplier’s intelligence profile,” he says. Though he…In many ways, International SCM is the same as Domestic Supply Chain spread over a large Geographic Area - both Advantages and Risks being inherent in Global Supply ChainS. Explain in detail how Global Risks could be addressed and spell out the Strategy for Global Supply Implementation upvote for quality answer
- 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.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.Why is global supply chain integration so difficult ?