Question: Hi Expert Note : Dont Use ChatGPT ( I will dislike the answer ) A company manufactures and distributes a product globally. The company is
Hi Expert
Note : Dont Use ChatGPT ( I will dislike the answer )
A company manufactures and distributes a product globally. The company is considering implementing a new supply chain strategy that involves using multiple manufacturing facilities located in different regions around the world. Each facility would be responsible for producing a portion of the company's total demand. However, there are several factors to consider when deciding on the optimal number and location of these facilities.
How would you approach determining the optimal number and location of manufacturing facilities in order to minimize costs and maximize customer service levels for the company's global supply chain?
Please provide a comprehensive analysis and consider factors such as production costs, transportation costs, inventory management, lead times, demand patterns, and any other relevant considerations.
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