Describe the factors impacting each commodity

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Reference no: EM133419865

Question: #1. Select a category that you believe might be chosen for a strategic category analysis in the industries listed below. Describe the factors impacting each commodity, using a Porter's Five Forces analysis. Justify why you believe the category is strategic to that industry, and the approach to be used in developing a category strategy. Oil (West Texas Intermediate) versus gasoline (discuss differential) Metals Chemicals Plastic resins Shipping Wood products and other production materials Aeronautical equipment Machine tools Telecommunications Paper

#3. Explain the differences between category strategy development and strategic sourcing. How do these differences translate into different types of processes and activities required to produce an outcome in each case?

#8. Why is it important to establish a document explaining the category strategy and share it with others? What are the possible consequences of not doing so? #13. Some companies have begun to bring production from Low Cost Countries back to North American and Europe. What are some possible explanations for this shift? #14. What do you think are the reasons that so few companies are classified as Stage 4 companies?

Reference no: EM133419865

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