· Question 1:
Last week, we read an article on the “Hierarchy of Supply Chain Metrics” by Debra Hofman. Develop a ranking of the metrics from each of the three tiers. Please pick the single most important one from each tier and then determine how the make vs. outsourcing decision impacts your top metric from each of the three tiers.
A. Submit the ranking for each of the tree tiers.
B. Clearly explain why the “make or outsource” decision will increase, decrease, or have no effect on the given performance measure. You must choose only one of these 3 items.
· Question 2:
In his article, Lynch discussed a number of factors that influence the decision to outsource–they include personal productivity, flexibility, labor considerations, specialized services, information technology, global capabilities and the maturity of the service provider (note–I did not include cost or ROA as part of this question—these two items cannot be used on your list.) Develop a list and rank these items in order of importance to you, from most important to least important.
A. Submit the ranking of that list and
B. Briefly discuss your reasoning for only the top item on your list. Do not discuss all of them–just your top one.
C. Additionally, list one risk that is associated with that item and
D. Clearly explain how you may be able to mitigate that risk.
E. Lastly, how does this approach impact the overall network design?
Please use information from our readings to support your position.
Single sourcing vs. multiple sourcing can also have an impact on the design of a supply chain. Many USA firms (Ford, Patagonia, Caterpillar, etc.) over the last few years have announced programs to change their historical sourcing approach of short-term (even one year contracts) vendor price reductions through contentious bidding programs.
Another method looks at sourcing strategically, i.e. through the Toyota lens of cost management. In this mode, they work with a limited number of suppliers to find ways to reduce or eliminate waste across the entire supply chain; thereby, reducing cost and ultimately pricing. Ford (and Caterpillar) announced and implemented this technique and they seem to be surviving better in the current economic environment.
A. Clearly discuss the advantages to this method for a firm utilizing this approach
B. And for its suppliers. Many folks forget to discuss the suppliers!
C. How does it impact the design of the supply chain network?
We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.Read more
The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.Read more
The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.Read more
By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.Read more