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Covid-19 virus originated from China and spread throughout the world because of Chinese government delay in alarming the world about it. This has resulted in supply chain disruptions for many American and European Multi-national corporations who have world-wide presence but have their plants in China or source raw material from there. So, MNCs are planning to reduce their over-dependence on China. Given this, answer the following with illustrations (Word limit – 150 words for each question):
- What are the various options available for MNCs to shift out of China?
- What can Indian government do to attract MNCs? And in doing so, will they jeopardize local home-grown companies? Is a balancing act possible?
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- (Adapted from Portillo, 2009) Recall the case study on designing a resilient global supply chain discussed in Section 8.6. The five main criteria considered are as follows: GP: Gross profit LT: Lead time DF: Demand fulfillment RD: Risk of disruption SF: Strategic factor (a) Using a rating method, the Director of supply chain, assigned a score from 1 to 10 (1 being the least important and 10 being the most important) for the five criteria as shown in Table 8.10. Determine the criteria weights using the rating method. (b) Suppose the Director of supply chain ranks the criteria from most important to least important as follows: (Most important) GP, DF, LT, SF, RD (Least important) Using Borda count, determine the criteria weights.Global supply chains are exposed to similar risks as those faced by domestic supply chains and additional risks that are more global. The table provides a non-exhaustive list of the various types of risks faced by multinational companies. Natural disasters, geopolitical events, epidemics, or terrorist attacks can shut down production lines because of a lack of parts inventory. This is exactly what happened to some semiconductors during the recent COVID-19 impact on the global economy. In the case of semiconductors, they are located in Asia, creating a risk of geographic concentration. Semiconductor components are lightweight, modular, and high-value-added products. This combination lends itself to a heavily traded global value chain. But high barriers to entry also make the industry entrenched. While the United States designs many advanced chips, production is highly concentrated in South Korea and Taiwan. However, the United States, mainland China, and other regions also manufacture…Case Study: Optimizing Supply Chain Management with a Custom Computer Application Introduction: In the dynamic landscape of modern business, efficient supply chain management is crucial for organizations aiming to stay competitive and meet customer demands. This case study explores the implementation of a custom computer application designed to optimize supply chain processes for a global manufacturing company, XYZ Manufacturing Inc. Background: XYZ Manufacturing Inc. operates in a highly competitive market with a diverse range of products. The company faced challenges in managing its complex supply chain, including inventory control, order processing, and logistics coordination. Manual processes and disparate systems led to inefficiencies, delays, and increased operational costs. To address these issues, XYZ Manufacturing Inc. decided to invest in a customized computer application tailored to its unique requirements. Development and Implementation: A cross-functional team…
- ModusLink Global Solutions ModusLink provides the client with a dedicated global business management team, led by a Strategic Account Manager, for efficient handling of all the day-to-day operations. This enables the client to focus on its core competency — creating innovative new technology. ModusLink centralized global supply chain management, leveraging key functional resources, integrated technologies and standardized processes to provide greater global visibility and consistency, more rapid market response and increased production efficiency. With a single, collaborative view of supply chain functions, inefficiencies throughout the supply chain can be easily identified and corrected. For example, following a review of global production processes and export costs, ModusLink implemented a new global production model. Leveraging its Optimized Configuration Solution, ModusLink deferred the final configuration, assembly and distribution of products so it could be done in-region, at a…Read the short case incident below and answer the question at the end of the case study. Dronexx electronics developed a revolutionary method of drone fast food delivery that could pick up orders from a fast-food location and keep the warm food warm and the cold food cold until delivery at a specified GPS address up to 8 Km away depending on the size of the order. The head of research and development Guy Jiang estimated that Dronexx electronics could become a supplier to every fast-food chain in the world. The future success of the company seemed to hang on securing the broadest possible patents to cover the still secret technology. The Human Resources director, Jackson Huang recommended that Jiang become a project leader in charge of developing and filing the necessary patent information. Jiang and Huang developed a list of specialists who would be needed to rush the patent applications 3 through the final stages of development and the patent application process. Most of the needed…What are the differences of how Nike defines “sustainability” than the standard business understanding of this term?
- A UK convenience store chain has embarked on a company-wide initiative to work predominantly with local, independent farmers to provide fresh fruit and vegetables. The company is about to refurbish one of its stores to include a loose fruit and vegetable aisle to reduce plastic waste and it intends to refurbish all stores over time. A spokesperson said, ‘We buy local where we can, and although we are sometimes tied by seasonality and weather conditions, buying from local producers can minimise the supply chain, ensure quality control and traceability, and build a strong working relationship with local producers who are eager to provide a great service.’ Required: Advise the management of the convenience store chain on how to price its new fruit and vegetable offering.Read the scenario below and answer the questions that follow: Well-Designed is a kiddies clothing company, based in the Northern Cape, South Africa. They design their products locally and send those designs and quantities per item to a manufacturer in China, who produces and sends the products to South Africa for Well-designed to distribute. The business has been expanding steadily in the last five years, but more significantly in the last two years, since they have started selling some of their products in Botswana and Lesotho, through retailers there. They have recently partnered with a Zimbabwean retailer, who has given a year’s worth of orders, for a wide range of products Q.1.1 Contrast between the weighted moving average or customer surveys as a forecasting tool and make a justified recommendation on the best choice for WellDesigned. Note: make a choice and provide at least two application points to support the choice in forecasting method. Q1.2 Examine how procurement can…SCM can help in meeting customers ever changing expectations and demands for immediate availability of product as well as introduction across global networks _________ TRUE / FALSE Information technology, consumer behavior, visibility, and speed are the four changes resulting from advances in technology that are driving supply chains __________ TRUE / FALSE Improve the access and availability of information in all aspects of a product or services is one of the main importance of the supply chain that falls under________________ Globalization Technology Customer Expectations Product Development 4. In 1980 – SCM first started and was develop in the _________________ industry Apparel hospitality food Car 5. ________________________ is a person or a business which makes finished products from the raw materials to make a profit. Supplier Manufacturer Distributor Retailer Customer
- answer needed with step by step explanWhat are the strategies that should be used by the "Tech Companies" to reduce the impact of pandemic on their operations, logistics and global supply chains?500 words Please include the referencesPlease plagarism below 5%DHL is an international delivery services company with a global footprint. The core competence of DHL is the efficiency of inbound and outbound logistics that leads to superior service. The business model is built around the collection, storage and distribution of postal packages. Explain the key factors that can determine competitive advantage in the digital economy, using DHL as an example.