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4: Written Paper (Week 6) - Assignment Example

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Manufacturers are continuously on a trend to base their operation overseas. This makes it necessary for them to come up with sound supply chain…
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Assignment 4: Written Paper (Week 6)
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4: Written Paper (Week 6)

Download file to see previous pages... The forces will come in the form of competition created by the global competitors in the supplies business as well as opportunities for more business generated by the global customers. Suppliers will expand their businesses overseas in a bid to counter the competition posed by foreign suppliers in the in their home market. The demand for products in the global market has been increasing. This has been partially motivated by the ease of sharing information due to advancement in communication and technology. The internet technology has provided businesses with international exposure. Suppliers who embrace the modern technological developments develop and enhance leading-edge supply policies and products. Quality products and sound supply systems will ensure that providers maintain or increase their market position. Supply clients will look for the products that best serves to their needs.
Global supply chain management is closely related to local supply chain only that it cover larger geographical area. Prudent management of global supply chain can offer additional business opportunity to suppliers. For international suppliers, the raw material and components are usually provided by the foreign supplier with the assembling done locally. After the assembling the final product is transferred to the market. Of importance to the supplier is the product reaching its intended market within the needed time frame. The mode of distribution chosen by a supplier should be safe enough to ensure the quality of the product is not affected while being transported. The supplier will tend to choose a supply chain that is economically advantageous to them, the transportation costs should be reasonable and in line with the value of goods transported.
One of the main risk involved in the supply business is the supply chain risk of disruption. The risks can be in the form of natural hazards, data security and fluctuation of demand and the global market. Competition usually ...Download file to see next pagesRead More
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