and pricing can help absorb uncertainty.

$1\mathrm{.}5$ Compare the different scopes of strategic fit from narrow functional scope to overall supply chain scope. How does broadening the scope, impact supply chain performance?

Question $2$

$(25$ marks$)$

Evaluate the key factors influencing the decision to outsource supply chain activities. Explain the economic, strategic and operational risks associated with outsourcing arrangements and discuss methods to mitigate these risks through contractual mechanisms and relationship management. Analyse the total cost approach to supplier selection and explain how to design an optimal sourcing portfolio by matching supplier capabilities with product characteristics.

Question $3$

$(25$ marks$)$