Conduct research on current global supply chain risks

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Reference no: EM133953943

Course Overview
In this course, you have explored various aspects of global supply chain networks, including principles of Total Quality Management (TQM), inventory control costs, and factors affecting global distribution. This assignment is designed to assess your understanding and mastery of these concepts through a practical application.
Course Learning Outcomes
The following outcomes will be evaluated in your assignment:
Analyze Supply Chain Strategies: Examine and analyze the supply chain strategies utilized by companies and organizations.
Evaluate Supply Chains: Assess both international and domestic supply chains, identifying their advantages and disadvantages.
Assess Logistics of Inventory Management: Evaluate the logistics involved in inventory management across business, supplier, and customer networks.

Assignment Prompt
EcoWorld, a manufacturer of enclosed decorative environments, is considering globalizing its manufacturing and distribution process to meet growing demand, particularly during the holiday season. Your task is to develop a comprehensive strategy for EcoWorld that analyzes its existing supply chain and evaluates potential changes. Get expert-level assignment help in any subject.
Key Elements to Include in Your Proposal
Research and Identify Risks:
Conduct research on current global supply chain risks, considering geopolitical events, environmental concerns, and technological advancements.
Analyze how these risks may impact both supplier and consumer ends of EcoWorld's supply chain.
Discuss risk mitigation tools and strategies (e.g., insurance), and include at least one real-world case study or personal experience.
Develop a Creative Solution to Product Spoilage:
Address the 5% spoilage rate of delivered products (fish or plants dying) due to temperature sensitivity.
Propose a solution using Six Sigma and TQM principles, focusing on collaboration with suppliers, continuous improvement, and customer satisfaction.
Support your plan with quantitative and qualitative data, and reflect on how reducing spoilage can serve as an order winner while meeting order qualifiers.
Analyze Transportation Modes:
Compare the strengths and weaknesses of various transportation modes relevant to EcoWorld's products.
Propose an innovative logistics strategy that considers product sensitivity and seasonality.
Include a hypothetical prediction (e.g., impact of a 10% fuel price increase) and justify your strategy in alignment with TQM goals.
Create a Visualization:
Develop a visual representation (infographic, flowchart, or diagram) of EcoWorld's proposed global supply chain network.
Highlight key processes, risks, mitigation strategies, and opportunities that demonstrate how the proposed design meets order qualifiers and winners.
Explain how your visualization addresses real-world supply chain challenges.

Reference no: EM133953943

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