Yuwei and Thong Ngee (2015) describe a mixed sourcing strategy, where a company utilizes both foreign and domestic sources. You have just been hired as the Procurement Officer for a sustainable products retail chain. The company prides itself on only purchasing goods that are sourced responsibly. Your Chief Executive Officer (CEO) has asked you to brief the C’s (CEO, COO, CFO, CTO, etc.) on the potential risks of utilizing a mixed sourcing strategy as opposed to only utilizing known domestic providers. You should discuss the three most significant risk factors (no more, no less than three). Support your analysis with scholarly evidence. 3.Describe, in your own words, how Yuwei and Thong Ngee (2015) propose to handle sourcing under uncertain conditions. This response should be limited to no more than three sentences (your explanation should be clear and concise).

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When mixed sourcing is used in a company many costs are involved So the use of ... View the full answer