There are a number of companies that utilize a global supply chain management strategy. Identify and research a company with a successful global supply chain management strategy and provide basic background information. Discuss the strategies this company utilizes to get their product(s) distributed internationally and how they address risks and meet business demands.
Submit to your instructor your two to three page (not including title and reference pages). Your paper should be formatted according to APA style as outlined in the approved APA style guide, and should cite at least two scholarly sources.
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GLOBAL STRATEGY 4
Principles of Supply Chain Management
Dr. Ronald Jones
Running head: GLOBAL STRATEGY 1
Global Strategy for _____(list the name of the company)
The way to use this template is to simply follow the instructions, write your paper, and then delete my instructive comments. By using this template, you will retain proper APA format. If you use the headings, and follow the instructions, you will not leave out an important element of the assignment.
Introduce the global company you have selected to write about. Offer facts drawn from relevant, scholarly sources. In other words, do not guess or offer simple opinions. Remember that you are identifying a company (ONE COMPANY) with a successful supply chain management strategy. No need to attempt to use a local business that does not engage in global supply chain management. Include basic background information in this section. Write a good paragraph or two.
Supply Chain Management Strategy
Discuss the company’s global strategy(s) to manage the myriad of suppliers. How does the company use the strategy(s) to obtain raw materials, production inputs, and components? Keep in the mind that the supply chain is both upstream (supplies that go into production) and downstream (delivering the finished goods to the marketplace. How does the company use the strategy(s) to effectively distribute the final products to international markets?
Engaging in global business involves risks. How does the company address the risks? You can discuss in general terms the variety of risks (business ethics, currency fluctuations, cultural issues, language barriers, economic conditions, etc), yet quickly move to the risks specifically faced by your chosen company.
Meeting Business Demands
Discuss the demands faced by the company. Discuss what demands are placed on the company because of purchasing from foreign suppliers (think about logistics, moving materials, shipping, etc). Discuss the added burdens caused by selling products in a foreign country (what are the problems, issues, or potential difficulties).
GLOBAL STRATEGY 2
Finalize the paper with a good 3-5 sentence paragraph. Remember the length of the paper should be 2-3 pages, not including the title or reference page.
Wisner, J. D., Keah-Choon, T., & Leong, G. (2012). Principles of Supply Chain Management (3rd ed.). Mason, OH: South-Western Cengage Learning.
Look in the Week 2 Instructor Guidance to find ample additional sources. The APA reference entry is listed at the bottom of the Weekly Guidance for the additional sources that can be easily located in the Ashford Library within the Business Source Elite database.