QUESTION $3$

$[18$ MARKS$]$

Boeing is a global aerospace organisation with a complex supply chain. Considering Boeing's significant reliance on suppliers for critical components $($e$.$g$.,$ engines, electronics$),$ compare and contrast the following two category strategies: insourcing$/$outsourcing and supply$-$base optimisation. Additionally, describe the situation in which each strategy would be most applicable to Boeing's operations and the key factors Boeing must consider when deciding between these strategies. Please use the table below to structure your answers. Remember: do not rely only on your prescribed book to complete the table. Please consult additional sources; however, please remember to reference all the sources you used.

$\backslash$table$[[$Category strategy: Insourcing$/$outsourcing$],[$Insourcing$],[\backslash$table$[[$Theory definition of insourcing:$],[(1$ mark $)]],$is a strateg$],[\backslash$table$[[$Two situations when insourcing would be advised at Boeing $($applicability of insourcing at Boeing$)$:$],[(2$ marks$)]],],[\backslash$table$[[$Three factors that Boeing should consider when deciding to insource:$],[(3$ marks$)]],],[$Outsourcing$,],[\backslash$table$[[$Theory definition of outsourcing:$],[(1$ mark$)]],],[$Two situations when outsourcing would be advised at Boeing,$]]$