Explain the key factors managers need to consider

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Question: Beta Medical Product (BMP) has developed an extensive global supply network for distribution of pharmaceutical and surgical products. Under the new CEO, managers have been instructed to restructure their supply network to increase its efficiency and effectiveness.

(a) Outline and explain the key factors managers need to consider when restructuring BMP's supply network with emphasis on efficiency and cost savings.

(b) Explain how institutions may affect BMP's supply chain effectiveness.

Reference no: EM133508722

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