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Acting on your recommendation that the retiring purchasing manager be replaced with a more up-to-date Vice President of Global Supply Chain, the CEO hired a new one. The new VP immediately found herself facing an important decision of where to source some components that have traditionally been very high cost, when the factory makes them in-house. Here is the data she is presented with:
Country A
Country B
Product 1
10 Reds
9 Greens
Product 2
2 Reds
2.2 Greens
Product 3
7 Reds
4 Greens
Product 4
5 Reds
5 Greens
Product 5
4 Reds
4.5 Greens
Assignment:
Take Product 1 and then:
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Critically analyse the theory, concepts and models of global supply chain management to interpret and understand complex and ambiguous risks in global logistics and supply chain environments.
Supply and Demand Concepts
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