What are some ways that a firm such as Wal-Mart benefits from good sourcing decisions?
Answer to relevant QuestionsConsider the purchase of a can of soda at a convenience store. Describe the various stages in the supply chain and the different flows involved. What level of responsiveness would be most appropriate for Nordstrom’s supply chain? What should the supply chain be able to do particularly well? What factors lead Wal-Mart to own its trucks although many retailers outsource all their transportation? An auto manufacturer sources both office supplies and subsystems such as seats. What, if any, difference in sourcing strategy would you recommend for the two types of products? Explain the use of outlet stores such as Saks Fifth Avenue in the context of revenue management. How does the presence of outlet stores help Saks? How does it help its more valuable customer, who is willing to pay full ...
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