How globalization will affect various mode of transportation

Assignment Help Supply Chain Management

Reference no: EM133725822

Homework: EcoWorld Global Expansion Risks and Benefits

In this course you've learned about global supply chain networks, the principles of Total Quality Management, costs of inventory control, and factors that affect global distribution. Drawing upon this knowledge, in a 2,500 to 3,000 word paper, respond to the prompt below.

Prompt

EcoWorld is a manufacturer of enclosed, decorative environments. They are composed of a hand-blown glass sphere filled with water, one fish, and some aquatic plants. The fish and plants work together so that the system will continue as long as it has light. The spheres have become a popular holiday gift so sales skew towards November/December. EcoWorld, located in Seattle, Washington, wants to globalize its process. This year, the European country of Latervia, renowned for its cheap and expert glass blowing, has lifted its export tariff. EcoWorld has also identified another European country, Rombia, as a new market because it has no import fees. Raw materials will be transported via aircraft and the final product will be delivered by aircraft and then truck. You are hired by EcoWorld to assist them in developing a global manufacturing and distribution plan. Create a report that includes the following elements:

A. Identify and assess the risks and benefits to moving the supply chain to a global market. Be certain to analyze both the supplier and the consumer ends of the supply chain

B. Analyze the order winners and order qualifiers that can lead to competitive advantage.

C. Explain how expanding the global supply chain network might affect the total quality management of EcoWorld. Compare possible changes against the principles of TQM and identify potential costs of quality.

D. About 5% of delivered products are spoiled upon delivery with either the fish or plants dying, or both, due to sensitivity to changes in temperatures, which is a major financial and marketing problem for the company. Develop a brief Six Sigma plan to fix this issue.

E. Discuss how globalization will affect the various modes of transportation. What are some strengths and weaknesses of each mode of transportation? How would a 10% increase in fuel prices affect EcoWorld's globalization plans?

F. Discuss how insurance costs will be affected by globalization and the use of multiple means of transportation across borders.

G. How should EcoWorld adjust its manufacturing and distribution to take into account the product's seasonality?

H. What inventory valuation method should EcoWorld use? Identify some of the costs for creating and maintaining inventory of a final product. How will these costs be affected by globalization?

Reference no: EM133725822

Questions Cloud

Managerial epidemiology and decision making in healthcare : HMGT 307 6380 Managerial Epidemiology and Decision Making in Healthcare List all types of evidence they will need to collect, explain why;

Identify population needs and assets : Identify population needs and assets that influence the health issue for this community. Provide evidence to support the identified needs and assets.

Notresponded to initial treatment with lorazepam : 35 year old with a history of epilepsy presents to the ER with recurrent seizures that have notresponded to initial treatment with lorazepam.

What specific issues or laws were you concerned : What specific issues or laws were you concerned with/interested in that was decided by the election (think immigration laws, free college, healthcare, etc).

How globalization will affect various mode of transportation : Discuss how globalization will affect the various modes of transportation. What are some strengths and weaknesses of each mode of transportation?

What has been your personal exposure with visual art : What has been your personal exposure/experience with visual art prior to this class? Has it been primarily from your family? School? Social activities?

Briefly list force-coupling actions of rotator cuff muscles : Briefly list the force-coupling actions of the rotator cuff muscles and deltoids when performing an arm abduction movement.

Write a motivation letter for admission : You need to write a motivation letter for admission for this student - Name ashley ragaven and want to be an accountant.

Which force has the greatest influence on an industry : Of Porter's Five Forces, which force has the greatest influence on whether an industry would be profitable? Why? Give examples for the local market.

User Account

All Pages