Explain differences between vertical integration-outsourcing

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1. Find an example of a company whose product you like. Identify its business strategy and its supply chain strategy. Explain whether or not the supply chain strategy supports the business strategy.

2. Identify ways a company can move from a ‘‘commodity'' position to one of a cost and/or value advantage. Is a commodity position always bad and how can companies differentiate themselves in this position?

3. Explain the differences between vertical integration and outsourcing. Identify the strategic advantages of each and explain how each position can be used to help supply chain strategy.

4. Provide business examples of the three operations strategies: make-to-stock, assemble-to-order, and make-to-order. Explain what it would take for a company to move from a make-to-stock strategy to make-to-order, and vice versa. What are the advantages and disadvantages of each strategy?

Reference no: EM132435400

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