1. Wild Bill's Sportwear is a popular branded clothing line based in Toronto, Ontario, Canada, and the...
Question:
1. Wild Bill's Sportwear is a popular branded clothing line based in Toronto, Ontario, Canada, and the company is planning to outsource some of its product lines to Mexico, where labor costs are lower. Given that supplier practices can negatively affect customer perceptions, the company can best minimize their risks in this situation with which approaches? (25 points)
2. Please discuss the Strategic Procurement Process, and how this will add value to organization? Pick any two steps to discuss the detail and give company example to support your answer. (25 points)
3. An Australian freight forwarding company has regular Full Container Loads (FCL) and Less than Container Loads (LCL) shipments from Taiwan. It has an opportunity to purchase cargo space on an Evergreen Shipping Company container vessel. What are the advantages and disadvantages of the freight forwarding company becoming an NVOCC (non-vessel operating common carrier)? (25 points)