Logistics and Supply Chain Questions, business and finance homework help
In your own words, please answer the following in 130 words each.
1. Global company’s have to look at a much bigger picture when it comes to providing the right logistics processes. Remember what happened to Toyota when the big earthquake hit Japan a few years ago?
How did they change their logistics process to prevent this from happening again? Today, I’m worried about so many companies leaving our Homeland and going abroad because it will definitely effect their logistics procedures.
Will the cost savings in moving their manufacturing facilities overseas be enough to cover the added costs of shipping/
Supply Chain Relationships:
2. How would you maintain long term relationships with your suppliers, yet make sure it’s always on a professional level, sticking to business, and keeping those professional ethics at all times?
