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Purchasing and Supply Chain Management

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C. Discuss the advantages and disadvantages of sourcing from suppliers located overseas. Which do you think make for a more compelling argument-- the advantages or the disadvantages? Why?

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An advantage of sourcing from suppliers located overseas is the fact that many times these supplies can be obtained at a much cheaper price. Another advantage is that there is usually an abundance of supplies in many ...

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Supply chain management & contractual flexibility

Topic: Supply chain management & contractual flexibility

Please provide DETAILED explanation of the following:

* What is the value of contractual flexibility in managing outsourced supply chains?

* How does contractual flexibility factor in when a company changes an order in response to new demand information for the company's product?

* Are there any simple approaches to attempt to evaluate this contractual flexibility?

* How much more might a company be willing to pay for a supplier that will offer contractual flexibility?

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