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Sourcing function impacts supply chain management

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Reference no: EM132579860

Question 1. Identify the primary ways in which the sourcing function impacts supply chain management (SCM). Find an industry example where sourcing has significantly benefited the firm and where it has significantly hurt the firm.

Question 2. Find at least one business example of outsourcing. Explain the risks and benefits.

Question 3. There has been in a push in many communities to source locally. Identify the risks and benefits of sourcing globally versus locally.

Question 4. Explain the differences between sourcing manufactured products versus services. Identify some key challenges that would occur in defining service specifications versus manufacturing specifications. Provide an example of each.

Reference no: EM132579860

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