I need assistance in preparing the following: Based on your country risk analysis prepare a paper in which you explain how you would address the following within the context of your selected country: To open a dollar store in Mexico.
1. Supply chain management:
2. Research and Development (R&D):© BrainMass Inc. brainmass.com October 1, 2020, 8:17 pm ad1c9bdddf
Global Considerations Paper
I need assistance in preparing the following: Based on your country risk analysis prepare a paper in which you explain how you would address the following within the
context of your selected country: To open a dollar store in Mexico.
( I need enough info. for about 150-200 words for each topic )
1. Supply chain management:
Supply chain management is the process of planning, implementing, and controlling the operations of the supply chain with the purpose to satisfy customer requirements as efficiently as possible. Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption (Wikipedia, 2006).
In order to successfully operate the Dollar stores in Mexico, we need to have efficient supply chain management. We will use esupplychain management to manage our logistics and supply chain with our vendors, customers and other related parties. This will be successful as there is a remarkable growth in computing technology in Mexico. This has ushered and enhanced new doors of opportunity, for example Laptops have grown 74% in laptop. See Exhibit- I E-commerce thrives in Mexico.
Thus there is and will be marked improvement in technological infrastructure in the Mexican economy. By making headway into e-commerce, We can sell to customers at anytime, anywhere. Procurement in this area has many positive outcomes. It allows the organization to re-focus purchases on strategic sourcing, empowers employees at the desktop, provides constant visibility and compliance, automates the entire procurement business process and extends the process efficiencies across the entire supply chain (Duffy, 2000).
The implementation of e-supply chain management places much of the focus on globalization and information management tools, which will include procurement, operations and logistics from raw materials to customer satisfaction (Duffy, 2000). Through this implementation the traditional rules and methods of global business have changed dramatically and allowed for increased profits and fulfillment at all ends of the spectrum.
By using a strategic approach and the concepts that exist in e-business, the use of e-supply chain management will assist in uniting all the steps of the business cycle.
The solution discusses a country risk analysis for the open dollar store in Mexico.