“There are known unknowns, knowable unknowns and unknowable unknowns”(Donald Rumsfeld). How would supply chain managers deal with the prospect of risk and vulnerability within global supply chains?
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“There are known unknowns, knowable unknowns and unknowable unknowns”(Donald Rumsfeld). How would
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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.Identify the ten supply chain risks. Next, select two that you think are of greater risk than some of the others, as of today (MAY 2022) and why.
- what is the potential risk associated with Dell's global supply chain strategy? how can these risks be mitigated?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. 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?
- “Supply Chain Management (SCM) deals with the management of materials, information and financial flows in a network consisting of suppliers, manufacturers, distributors and customers”. As COVID-19 is currently prevailing not only in Pakistan but all over the world. Keeping SCM definition and pandemic situation in mind, if you are running a flour mill in Pakistan, how can you ensure uninterrupted availability of flour in the market? What challenges do you come across while safeguarding the effective SCORE (Supply-Chain Operations Reference) model.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.There are currently many examples of global supply chain failures and materials shortages in the news. 1. Describe the causes of these problems and suggest tools from the textbook and how they can be applied to correct these problems in the future. 2. Should all supply chains be "risk-hedging" supply chains?
- 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 answera. Demonstrates a clear understanding of global supply chain disruptions on Cartier Company. b. Provides relevant and accurate information about global supply chain disruptions on Cartier Company, including its causes, impacts, and significance in the global context. c. Shows an awareness of the current state and future projections of global supply chain disruptions on Cartier Company. d. Supports the analysis of global supply chain disruptions on Cartier Company with credible and up-to-date sources.Please read the Case Study: Nissan Motor Company and answer the following question. What could Nissan have done to assess the risk of disruption in their supply chain?