What is the black swan effect as it relates to supply chain management? How can it be
Question:
What is the black swan effect as it relates to supply chain management? How can it be used to build up supply chain resilience? (define and explain with an example
What is the relationship between risk management and supply chain strategy? Provide an example of a company that has used a supply chain risk management successfully during the pandemic and explain.
3Once a risk has been identified, there are five ways to deal with and offset those risks. What are those 5 ways? (name and provide brief explanation
4Corruption is a significant risk in the supply chain. In your opinion, what are the top 4 corruption related risks facing international companies today? (Name and explain 4 corruption related risks
5Supply and Demand shocks are significant economic risks in the supply chain as evidenced by the early months of the covid-19 pandemic. What suggestions would you make to international firms to prepare for supply and demand shocks on a mass scale? (give at least 4 suggestions and explain your rationale
6Corporate social responsibility (CSR) is now at the forefront of supply chain ethics. How does ignoring CSR as it relates to supply chains negatively affect firms (economic impacts and otherwise)? (Give 2 recent examples and a thorough explanation
Transportation A Global Supply Chain Perspective
ISBN: 9781337406642
9th Edition
Authors: Robert A. Novack, Brian Gibson, Yoshinori Suzuki, John J. Coyle