Global markets becomes a barrier to global supply chains because of the trade agreements in place True or False
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1. Global markets becomes a barrier to global supply chains because of the trade agreements in place
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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. What parts of the supply chain are most closely involved with the situation in this case? What is the responsibility of each part in order to maintain a smooth flow of material?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. Explain the role of performance measurement in managing supply chain activities.Procurement - The problems areas for global supply do not apply to domestic supply. True False
- React to these statements: Discuss the advantages and disadvantages of sourcing a product's raw materials in the local market versus the global market. How does this decision affect the final quality of the product manufactured by the company? Analyzes the factors of outsourcing and carrying out the necessary processes that benefit the company. What controls should a company establish to prevent the outsourcing process from affecting the quality of the final product?Law How can we effectively manage and mitigate risks associated with our supply chain, including disruptions caused by natural disasters, geopolitical factors, and changes in trade policies?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?
- Ethics When firms implement a single sourcing policyin their buying, other possible suppliers do not have anopportunity to compete for the business. Is this ethical? What are the advantages to the company? What are the disadvantages?Discuss the presence of trade agreements between United States of America and Mexico. Make sure to address the following: 1. Specify if there is a trading agreement between USA and MEXICO. 2. If yes, explain the effects of the trade agreement and how it impacts the service, product, or idea you have selected.1. Study the supply chain integration of companies operating in Namibia below and identify the TYPE OR LEVELof Integration involved in each case. Please justify your answer! a) In 2013 Meatco formed a partnership agreement (Meatco-owned Cattle (MoC) Initiative) with itssuppliers to secure more cattle for slaughter. The initiative helps secure animals earlier in theproduction chain by procuring weaners and raising them to slaughter animals. b) Over the last year, much time and effort have been invested by Meatco's Information TechnologyDepartment to integrate the corporation’s supply channels and streamline the MoC initiatives,thereby ensuring that Meatco has full control over its biological assets.
- 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.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 ?Explain are the advantages of establishing an international purchasing office? provide and explain at least 3 advantages. Explain at least 4 of the services these offices provide.