How does outsourcing affect global supply chain management?
What will be an ideal response?
Answer: Outsourcing is the strategy of paying suppliers and distributors to perform certain business processes or to provide needed materials or services. Arrangements for cross-border materials flows require compliance with each country's commerce regulations. Production and global transportation scheduling are coordinated with U.S. market demand so that outsourced products arrive in the correct amount and on time without harming the manufacturer's image. Outsourcing has been a growing trend in American business. Outsourcers have a greater need of operations skills for integration among dispersed facilities.
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Which of the below processes would be found in the operations management department?
A. Creating production schedules B. Communicating marketing campaigns C. Hiring employees D. Processing sales
Product/service feasibility analysis is an assessment of the overall appeal of the product or service being proposed
Indicate whether the statement is true or false