What do you think? Mattel’s global sourcing in China‚ like all other toy manufacturers‚ was based on both low-cost manufacturing‚ low-cost labor‚ and a growing critical mass of factories competitively vying for contract manufacturing business. Do you think the product recalls and product quality problems are separate from or part of pursuing a low-cost country strategy? Many companies in many industries have been using low-cost countries for much of their sourcing for many years‚ so this process and
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in a short period of time. These sub-contractors should be chosen for their dependability to meet the demand rather than their low cost component. Question 3. How should Obermeyer management think (both short term and long term) about sourcing? What sourcing policy would you
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Answer 1. Strategic sourcing is the major tools and technology in supply chain management and it delivers cost reductions and other offers and advantages. It will make strategic sourcing different from a traditional sourcing. This sounds the most strategic supplier relationship that is based on cost and there is an ability to create new business with technological advances. In the past‚ the organization was usually focused on tactical functions such as processing of purchase orders‚ checking the
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Chapter 4 Supply Chain Study Guide Sustainable Sourcing Green Purchasing Practice aimed at ensuring that purchased products or materials meet environmental objectives of the organization Waste reduction‚ hazardous material elimination‚ recycling‚ manufacturing and material reuse Globally recognized Institute for Supply management- “making environmentally conscious decisions throughout the purchasing process‚ beginning with product and process design‚ and throughout product disposal” Sustainability
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difficult activities associate with inventory management and production management. Global sourcing aimed to exploit global efficiencies in the delivery of services and goods across geopolitical boundaries‚ including low cost skilled labor‚ low cost raw materials‚ tax benefits‚ and price breaks. Whelan Pharmaceutical was the best example to illustrate how the company chose the best manufacturing site for global sourcing from different perspectives. Whelan was an American multinational pharmaceutical corporation
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its customers over a period of time. First advantage of in-sourcing is that it helps the organization to make sure that it is engaged in carrying out its activities by making use of business skills or equipment at a rate lower in comparison to outsourcing. Second advantage of in-sourcing is that the organization is able to better manage the operations as the employees are able to carry out the job properly. Third advantage of in-sourcing is that the organization is able to ensure that it keeps better
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Supply Chain Structure The adidas Group has outsourced most of its production. We work with more than 1‚200 independent factories from around the world that manufacture our products in 63 countries. The most dominant sourcing locations are: China‚ India‚ Indonesia and Vietnam. Our supply chain is global and multi-layered‚ with many different types of business partners‚ some of who are directly contracted factories‚ and others who are not. In 2011‚ the top five countries per region by number of
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greatly on developing economies. The two main characteristics of globalisation are global brands and global sourcing. Global branding involves one brand being available in most international markets. Examples of global brands include McDonalds and coca-cola. Even though the price charged in each economy may be different‚ the product will be almost identical in every country. Global sourcing on the other hand is more about ways in which global companies produce on a worldwide scale. In this way‚ domestic
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security. The OBOR initiative will also help Li & Fung to identify new drivers for growth in its sourcing & logistics business
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e-procurement‚ small value procurement * Understand strategic nature of the “make or buy” decision * Understand sourcing decisions and the factors impacting supplier selection * Describe the various considerations in assessing the Total Cost of Ownership * Understand how a supplier portfolio is managed * Describe the opportunities and challenges of global sourcing Chapter Three: * Explain the importance of supplier partnerships * Understand the key factors for developing
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