Question: Please help with these two questions! I will defintely upvote! Thank you so much!!! #4) Suppose that you have chosen to outsource a key component
Please help with these two questions! I will defintely upvote! Thank you so much!!!
#4) Suppose that you have chosen to outsource a key component in your manufacturing process. You have narrowed the decision down to two vendors. One located in Mexico and the other located in Taiwan. The components are heavy and bulky so using air transportation is not feasible, but water, truck and railroads are all options. Both potential venders have excellent reputations, the price from South Korea is a bit lower, but it would have increased transportation and coordination costs. Conduct a risk assessment centered on geography and transportation modes. What additional information might you want to choose the ultimate vender, and how might you mitigate the risks? ( 10pts) #5) There is some evidence that the triple bottom line has increasing importance in organizations, what roles does the operations and supply chain function play if an organization is looking to improve its triple bottom line? ( 10pts)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
