What are advantages of using multiple sourcing strategies, Operation Management

Assignment Help:

What are the advantages of using multiple sourcing strategies?

Advantages of using multiple sourcing:

a. May assist negotiate and drive down prices while more suppliers exist

b. More environmentally aware like the organisation ‘shops around’

c. Lower risk when a supplier fails to deliver


Related Discussions:- What are advantages of using multiple sourcing strategies

Explain open communication, Some organizational culture characteristics mak...

Some organizational culture characteristics make project success more likely. These characteristics include all of the following EXCEPT: A. Support for cross-functional teams

Explain social responsibility, Regarding Social Responsibility, who do you ...

Regarding Social Responsibility, who do you agree with more, Leonard (2013) or Friedman (1970)? Why?

Explain your concerns based on the results, 1. Jack, the owner and manager ...

1. Jack, the owner and manager of Jack's Box Company, wants to monitor usage at Work Center 3, which is a bottleneck in the system. He has collected data on the planned and actual

Elements, what are the elements of production forecasting?

what are the elements of production forecasting?

Explain what is the coefficient of determination, A large school district i...

A large school district is revaluating its teachers' salaries. They have decided to use regression analysis to predict mean teacher salaries at each elementary school. The research

Explain discussion of power and influence, From the Finding the Leader in y...

From the Finding the Leader in you highlight, we read about Nelson Mandelas use of power for the greater good. Using the books discussion of power and influence as a backdrop, anal

Explain introduction to optimum design, Why are there no solutions for Intr...

Why are there no solutions for Introduction to Optimum Design textbooks?

Hungarian method, How is the Hungarian method applied for obtaining a solut...

How is the Hungarian method applied for obtaining a solution if the matrix is rectangular

Explain sarbanes-oxley act promote ethical behaviour, Identify three of the...

Identify three of the criminal penalties that can be charged under the Sarbanes-Oxley Act. How do these sections of the Sarbanes-Oxley Act promote ethical behaviour by corporations

Evaluate the servicescape dimensions, Question: (a) Services are usuall...

Question: (a) Services are usually produced and consumed simultaneously, and in many cases the customer has to enter the service facilities and be within the servicescape befo

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd