Select three different Product – Based Businesses that Use Some Material from In
GET HELP WITH YOUR ESSAY
Select three different Product – Based Businesses that Use Some Material from International Sources making sure that the three businesses are in different industries. For example, you might choose a car manufacturer, electrical transformer producer, solar panel builder, TV manufacturer, or steel producer, or any of many others. In any case, choose three unique product-based businesses (not 3 auto manufacturing businesses, not 2 TV manufacturing businesses, but 3 businesses with different types of products). Your 3 chosen companies must use a supply chain that includes at least some components from international sources. For example, there is a pillow manufacturer that advertises pillows only sourced and made in the United States. That company would not fit for this assignment.
Explain, in general, supply chains for Product – Based Businesses which Use Some Material from International Sources. Explain the impact of labor costs on supply chain decisions in international supply chains.
Discuss specifically the supply chain for each of your chosen 3 Product – Based Businesses which Use Some Material from International Sources and also explain how and why the supply chains are similar and dissimilar. Why have your chosen businesses chosen to include materials from the countries they chose?
Describe how each of your chosen firms forecasts for production planning. What options exist for forecasting in product-based business, and how does each firm actually determine its forecasts? What is the impact of an international supply chain on your chosen 3 companies from a forecasting perspective?
Describe how each of your chosen firms manages quality. What options exist for quality control in product-based business, and how does each firm actually perform quality control? What is the impact of an international supply chain on your chosen 3 companies from a forecasting perspective?
Describe how each of your chosen firms selects suppliers and monitors those suppliers. What options exist for supplier selection in product-based business, and how does each firm actually select suppliers and monitors the delivery of supplier materials or services? What is the impact of internationalization on supplier selection and monitoring? How is each of your chosen businesses managing that relationship?
Explain how your 3 chosen product-based businesses use and handle the following: inventory control, production planning, outsourcing, and revenue management.
Explain the benefits and risks for each of your selected 3 product-based businesses in having an international supply chain. How can each risk be addressed?
Identify three of the ethical considerations in the operations of the 3 chosen businesses, and explain how these businesses’ decision may influence the way these businesses perform their social responsibilities.
Write a paper addressing the items above. Your paper should be 8-10 pages in length, not including the required title and references pages and appendix if any. For more information see “How do I do an Appendix in APA style?” (Links to an external site.)
Be sure to properly organize your writing and include an introduction, headings / subheadings for the body of your work, discussion recommendations, and a conclusion.
Support the paper with a minimum of three current (published in the most recent five years) scholarly sources from the CSU Global Library. This is in addition to any course textbooks or lecture material you decide to use. Of course, you may always exceed the minimum number of sources.