Question: What are some ways that companies can mitigate risks associated with supply chain disruptions? A. Request assistance from military to prevent piracy B. Combining smaller

What are some ways that companies can mitigate risks associated with supply chain disruptions?

A. Request assistance from military to prevent piracy

B. Combining smaller quantities into larger shipments to realize lower transportation rates.

C. Keep a inventory safety stock

D. Hedging Spreading business across multiple carriers

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

In the Intro to Purchasing and Supply Chain reading, Page 6, Figure 1-2, there is a comparison of Traditional Purchasing versus the Current Outlook. Provide three reasons why the Current Outlook is...

Q:

COVID-19: The Global Shutdown In the first months of 2020, a pandemic overwhelmed the world. COVID-19, commonly known as the coronavirus, spread from China and created a severe public health...

Q:

Up until the time of the COVID-19 crisis, what has been the basis of Lenovo's competitive advantage? How has it managed to leverage its global operations to increase both market share and efficiency?...

Q:

Need help with cash flow or ration analysis.Choose one UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10K ANNUAL REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE...

Q:

Need help with cash flow or ration analysis.Choose one UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10K ANNUAL REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE...

Q:

Need help with cash flow or ration analysis.Choose one UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10K ANNUAL REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE...

Q:

The attached article talks about the resiliency of supply chains in the post-pandemic era. Read this article and submit: 1- A brief explanation of the suggested risk management framework. Among all...

Q:

Put together 10-20 slide presentation with recorded audio that demonstrates how you would present and deliver your capstone project to your intended audience. Your presentation should be persuasive,...

Q:

According to the Apple Inc. 2017 Annual Report, answer the following questions: The company 2017 net income is higher than the net income in 2016, Why did net income increase? What effective income...

Q:

The questions is in the first file (questions). 1. Valuate the company by using both the FCF and Residual Earnings method. I can ask you to present and discuss various ratios we have gone over as...

Q:

Compute net sales, gross profit, and the gross margin ratio for each separate case a through d. Interpret the gross margin ratio for casea. Sales... Sales discounts .. $130,000 $512,000 $35,700...

Q:

What is the depreciation method that is used for tax purposes? How is it different than the methods that are used for financial purposes?

Q:

Casualty losses due to a federally declared disaster are deductible in the year the damaged property is repaired or replaced.

Q:

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...