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About AD2 - Managing Risks in Supply Chains - Case Study - Questions and Answers
Simon Jones is a supply chain manager at Goliath Quarry Products (GQP) who is responsible for procuring fabrications. To reduce costs, Simon wants to expand the supplier base internationally. He has drafted a sourcing plan for a new product launch in 6 months. There are risks to sourcing from low-cost countries like poor quality, increasing prices, and late/missing shipments. GQP needs terms in contracts with global suppliers to manage these risks. Candidates will discuss contract terms and clauses to address risks like quality standards, payment terms, shipping deadlines, and prohibiting subcontracting without approval.
Detailed Information
| Author: | ['danibgg823'] |
|---|---|
| Publication Year: | 2016 |
| Pages: | 11 |
| Language: | English |
| Format: | |
| Price: | FREE |
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