Describe how can a firm would optimize the global supply chain to ensure a steady flow of raw materials and components, minimize disruptions, and mitigate risks associated with geopolitical uncertainties, natural disasters, and supplier reliability.

Describe how can a firm would optimize the global supply chain to ensure a steady flow of raw materials and components, minimize disruptions, and mitigate risks associated with geopolitical uncertainties, natural disasters, and supplier reliability.

Purchasing and Supply Chain Management

6th Edition

ISBN:9781285869681

Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

ChapterC: Cases

Section: Chapter Questions

Problem 1.6A: Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each...

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Supply Chain Management: Describe how can a firm would optimize the global supply chain to ensure a steady flow of raw materials and components, minimize disruptions, and mitigate risks associated with geopolitical uncertainties, natural disasters, and supplier reliability.

Study of the supply of goods and services between businesses and from businesses to customers. Supply chain management includes demand and supply planning, negotiation techniques, supplier relations, supply chain optimization, analysis, and integration.

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