(trends and challenges of outsourcing in business)this is the topic( create the business letter and memo of this topic)
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(trends and challenges of outsourcing in business)this is the topic( create the business letter and memo of this topic)
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- Outsourcing is a popular business strategy involving hiring third-party services for customer support, payroll management, and software development. While it can increase cost savings and productivity, it has some problems that need to be addressed.Critically evaluate 10 difficulties encountered with outsourcing and propose solutions to the issues raised.Is outsourcing good or bad? Please explain both pros and cons with examplesDistribution and warehousing are key competencies in the Defy supply chain and underline the customer-centric ethos of the company” (SCN Africa, 20201). Conduct a SWOT analysis for Defy. Include factors from all the business environ
- CEAT Redesigning Supply Chain System CEAT top management, together with McKinsey, undertook a complete redesigning of their supply chain It was advised first to make use of IT in CEAT for reducing costs and increasing utilization of assets. Second, supply chain management (SCM) should come out of the marketing shadow and take its place as a strategic change initiator and an independent function. The key factors responsible for this change were: • Placing logistics division as the link between manufacturing and marketing, Continuous flow of information for reducing delays and ensuring 100 per cent reliability: Availability of right product at the right place at the right time and quantity: Implementation of SCM down the line for providing effective services, Understanding the markets and customers (3000 dealers, Original Equipment Manufactures (OEMs) and. exports): Detailed planning of the distribution system from multiple factories and warehouses; Identifying factors for correction…Outsourcing. Discuss the advantages and disadvantages of this. Provide an example of eachchoose a real-life corporate example and briefly explain their product/services diversification strategy ( corporate-level ).
- List five reasons why organizations outsource. When should an organization choose not to outsource? Why are some organizations moving their software development work to the back in-house? Why are some organizations beginning to use onshoring?Why you chose to do supply chain and logistics management?from the case study, how does the company support the environmental dimension of the triple bottom line? a.sustainable procurement b.allof the initiatives outlined support that dimension c.efficient use of resource d.preventing the use of demaging chemicals e.reducing harmful practices
- Supposedly, being a manager at a pharmaceutical firm;a. What type of supply chain strategy will you prefer to implement?Read the following extract and answer the questions that follow: Once the decision has been made to outsource a product or service, firms will typically use a process known as strategic sourcing to decide to whom to outsource the product or service, as well as the structure and type of relationship that should be established. A sourcing strategy is typically focused on a category of products or services, and for that reason, the strategy is sometimes called a category strategy. Process mapping is a tool that reduces processes to their component parts or activities and helps identify and then eliminate non-value-added activities (waste) or delays within a process. Process mapping is valuable in purchasing, for example, when attempting to streamline the flow of material or information between suppliers and a purchaser Explain the criteria that is used to determine whether a project successfully completedWhat is Supply chain management and provide an example of it.