What is procurement strategy and inventory strategy

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Reference no: EM131153283

Assuming that you are a manufacturing company that make a medical device to measure a heart rate and blood pressure. You are looking for an opportunity to export your product. Answer the following questions:

Operations and Procurement Strategy

1. What is your procurement strategy?

2. In-source/out-source?

3. Where is your product sourced from?

4. Explain the customization process and where should it be done?

5. What terms of sale; INCO terms

6. Explain your inventory strategy

7. How will customer service be set-up?

8. What other risks and liabilities exist and what can be done to mitigate them?

Reference no: EM131153283

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