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:

  1. 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.
  2. Select and justify a production option, for example.
    1. Make the product in your own shop.
    2. Outsource the product to a local toy shop.
    3. Outsource it to an overseas manufacturer
  3. There are pros and cons for each, discuss them and pick one.
    1. Select and justify distribution options.
    2. Ship direct from your own shop/warehouse on e-commerce.
    3. Have it drop-shipped from the outside manufacturer.
    4. Use existing toy distributors and retailers.
    5. Setup a 3PL to take care of distribution.

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