Global markets becomes a barrier to global supply chains because of the trade agreements in place True or False
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1. Global markets becomes a barrier to global supply chains because of the trade agreements in place
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- Law How can we effectively manage and mitigate risks associated with our supply chain, including disruptions caused by natural disasters, geopolitical factors, and changes in trade policies?With the growing complexity of managing worldwide supply chains, coupled with significant pressures to reduce cost at the firm level, supply managers must learn to manage the inherent risks of global sourcing effectively and efficiently. Where is the supply chain organization vulnerable to potential risk? Identify at least four risks. Why is the organization vulnerable? How will this risk affect the organization if it happens? How will this risk affect the organization’s customers and suppliers? What are the causes of the risk?Explain in Five (5) ways how global regulations and Customs procedures enable efficient global supply chain operations.
- What are some challenges associated with inventorymanagement in cross-border trade?How can we effectively manage and mitigate risks associated with our supply chain, including disruptions caused by natural disasters, geopolitical factors, and changes in trade policies?Pizza Hut is very reliant on its suppliers for the quality, cost and availability of their goods, and for flexibility to customer demand. There has been concern about supplier relationships and how Pizza Hut manages suppliers.Managers are proposing competing approaches. One is to standardise treatment of all suppliers and build closer relationships. One is to use competition in different markets more efficiently through short contractual relations. Write a briefing paper on Supply Management for Pizza HutWithin your briefing paper you should:1. Use two examples to show how different purchases are likely to have differentrequirements 2. Explain a tool for analysing purchase requirements and options. 3. Use that tool on two examples of purchases and propose strategies for managingtheir supply. Give reasons 4. Conclude with recommendations.
- What might explain why TFP difers so much across countries?Ethics When firms implement a single sourcing policyin their buying, other possible suppliers do not have anopportunity to compete for the business. Is this ethical? What are the advantages to the company? What are the disadvantages?4. What are some potential advantages and benefits with the Government of Canada selecting a Canadian supplier? 5. In your opinion, should the Government of Canadafocus primarily on dealing with Canadian companies? Why or why not?
- 1. Analyzing and mitigating commercial risk2. Analyzing and mitigating exchange risk3. Explore the role and risks of supply chain management in the global environment.Using the International Federation of Purchasing and Supply Management (IFPSM) code of conduct as the guiding lamp, critically examine a procurement case (past or present, foreign or national) of your choice. Be sure to provide at least the following: A brief presentation of the case you have chosen. How actors in the case adhered to and or flouted the provisions of the IFPSM code of conduct. In case there were breeches, what should have been done differently to ensure compliance to the provisions of the IFPSM code of conduct? A minimum of five (5) pagesWhat are some of the ways in which management/leaders can ensure compliance of the standards set forth by a company in terms of supplier behavior and ethical sourcing?