Question: create a fictitious potential toy by developing an operations and supply chain strategy report that covers the following: Develop a great idea of a product
create a fictitious potential toy by developing an operations and supply chain strategy report that covers the following:
- Develop a great idea of a product and spelled out a product design plan and a fitting marketing plan, that covers with all elements of the 4 steps found on page 14 of your text.
- Select and justify a production option, for example.
- Make the product in your own shop.
- Outsource the product to a local toy shop.
- Outsource it to an overseas manufacturer
- There are pros and cons for each, discuss them and pick one.
- Select and justify distribution options.
- Ship direct from your own shop/warehouse on e-commerce.
- Have it drop-shipped from the outside manufacturer.
- Use existing toy distributors and retailers.
- Setup a 3PL to take care of distribution.
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