What are disadvantages of using single sourcing strategies, Operation Management

Assignment Help:

What are the disadvantages of using single sourcing strategies?

Disadvantages of using single sourcing strategies:

a. Could merely one single supplier into the industry for example, high bargaining power

b. Over reliance onto one supplier can increase risk for example, supplier may fail to deliver


Related Discussions:- What are disadvantages of using single sourcing strategies

What is espirit de corps, What is Espirit de Corps? The principle of ma...

What is Espirit de Corps? The principle of management which emphasizes the requirement for teamwork among employees is termed as Espirit de Corps.

Productivity -numerically defined, Productivity -Numerically Defined T...

Productivity -Numerically Defined Total factor productivity (TFP) = Pt = Ot/(L+C+R+Q)  Partial factor productivity (PFP) = Ot/L or C or Ot/a combination of  inputs   Pt

Explain objectives along with your reasoning for creating, Imagine you are ...

Imagine you are the product manager for a new electric car similar to the Chevrolet Volt. Using all your knowledge of the new product life cycle, speculate on the stages of the lif

Explain lower foreign labour costs, Global expansion is fuelled by a (n): A...

Global expansion is fuelled by a (n): Answer (1) shrinking customer market, lower foreign labour costs, and advances in technology. (2) Expanding new customer market, lower foreign

Define the break-even point for each range, A manager must decide how many ...

A manager must decide how many machines of a certain type to purchase. Each machine can process 100 customers per day. One machine will result in a fixed cost of $2000 per day, whi

Explain identifying and developing global leaders, Identifying and developi...

Identifying and developing global leaders is a key concern for international companies. Compare and contrast the skills and context of the traditional / national manager with that

Explain use debt financing, If you decide to use debt financing, which kind...

If you decide to use debt financing, which kind of loan, fixed-rate or variable-rate, would you prefer? Why? If you decide to use equity financing, where would you find equity f

Decision making approaches, Decision Making Approaches General Framewo...

Decision Making Approaches General Framework Outline the meaning of Rationality, Bounded Rationality and Intuitive approaches to decision making. Individual Components

Explain what are the issues management, What are the issues management of S...

What are the issues management of Starbucks needs to address? Analyze and evaluate the issues identified. Recommend a set of actions management should take to address the issues th

Explain firms do not compete only against global competitors, Firms do not ...

Firms do not compete only against global competitors, but against- Their suppliers. Themselves. The customers of their competitors. Their competitors supply chains.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd