Question: Provide answer for the following question with an example 1. Explain why supply chain risk, vulnerability, robustness and resilience have emerged as important themes in
Provide answer for the following question with an example
1. Explain why supply chain risk, vulnerability, robustness and resilience have emerged as important themes in LSCM.
2. Identify the sources and types of supply chain risks.ยท
3. Illustrate potential impacts on supply chains.
4. Show how various initiatives and technologies can be effectively used to mitigate risk.
5. Introduce - and distinguish - both outsourcing and offshoring.
6. Show how outsourcees are selected and how the relationship between outsourcer and outsourceedevelops and is managed.
7. Examine trends in offshoring such as rightshoring and also explore the role of corporate social responsibility in offshoring.
8. Introduce the concept of landed costs (factory gate, farm gate)
9. Show how integration and collaboration along the supply chain can be enabled.
10. Explain what the procurement function comprises and review the important role played by both risk and value.
11. Explain and differentiate the various LSCM costing approaches and concepts.
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1 Supply chain risk vulnerability robustness and resilience have become crucial in logistics and supply chain management LSCM due to increased globalization interconnectedness and the prevalence of di... View full answer
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