Supplier selection is now a global concern, with competition coming from countri
ID: 462848 • Letter: S
Question
Supplier selection is now a global concern, with competition coming from countries all over the world. Circumstances like hurricanes, earthquakes, and tsunamis have a negative impact on the movement of products from country to country (and even between companies in the same country). Investigate such international supply chains and answer the following questions in a 2- to 3-page Microsoft Word document:
When determining the supplier who should be used in procuring a product, to what extent does location (proximity to the customer) impact the desirability of a supplier?
What factors can offset (at least partially, if not entirely) the lack of desirability of a location (in terms of its proximity to the customer)?
How is supplier selection related to the execution of a successful corporate strategy?
What company is well known for its successful or tightly integrated supply chain relationships? Cite a source for your suggested company to document that the company is thought to do well in the competitive environment.
Explanation / Answer
Yes its a serious concern to choose a supplier due to the environmental hazards which affects the supply chain one needs to understand that the supply chain has to be strong in ensuring that the transportation is done effectivley with less damages from one place to another. Suppliers who are reputed and see that the product safety is their while shipping shall be chosen by the vendors. The competition has been tough as many suppliers have come into existence who can supply the product from one place to another. Their have been environmental hazards and challenges where the product shipment is taking problem. All the countries who are developed have chosen airlift as the safest mode however this is one of the costliest way which has been expensive for the companies. Generally where the equipments are heavy the selection of the supplier is based on the reliability and wheather is he a reputed suppliers. All these conditions are mentioned in the agreement which will have no problem at the later stage. The procurement manager and the CEO should be involved in decisding the supplier as they are the right person who can decide the genuiness of the supplier and enquiy can be done of his work by the other suppliers.In a large extent the proximity of the customers. supplier selection is related to the execution of a successful corporate strategy its true that when the finished product is ready for shipment time management and on time performance plays a critical role of the product. Once the product reaches on time and the delivery is done on time than the people who are receiving the product will always like the services and a high demand for the product would be created.Apple,Dell,P&G,Amazon,Mcdonald,H&M,Caterpillar,Cummins,Kimberley clark are some of the companys who are the master in supply chain they have been always improving their services day by day. Amazon is one of the best company in supply chain they have been delivering their products to the customer on time and have been growing rapidly all across the world.
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