Discussion - Managing Supplier Information in a Dynamic Environment
Question # 00839296
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Updated on: 03/06/2023 09:16 PM Due on: 03/07/2023
Read http://www.industryweek.com/procurement/managing-supplier-information-dynamic-environment ( Minter, S. (2009). Managing Supplier Information in a Dynamic Environment. Industry Week/IW, 258(10), 22.), and answer the following questions:
- In the article it mentions that buyers and suppliers need more insight into trade compliance. What examples can you give that illustrate the benefits and/or challenges with having or not having this insight?
- Information systems can also help companies deal with concerns about risk in the supply chain. Outsourcing processes and logistics can offer great financial benefit; however, control of information needed to manage the process is a major concern. Discuss some of these challenges and the solutions that a company might need to implement to resolve them.
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Solution: Discussion - Managing Supplier Information in a Dynamic Environment