Question: Select a component or finished good that you are familiar with that is sourced from a Vietnam. Develop a total cost value proposition to evaluate
- Select a component or finished good that you are familiar with that is sourced from a Vietnam. Develop a total cost value proposition to evaluate the potential of continued sourcing from a Vietnam. For each of the cost components (material, manufacturing, transportation, packaging, inventory, handling, damage, risk, security), identify the major trade-offs associated with sourcing locally versus sourcing from a Vietnam. Based on your assessment of the current environment in your country, what is the direction for each of these cost components over the next five years, and what is likely trend regarding Vietnam sourcing?
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