After reading the short article in Documents and Resources answer the following questions . You do not need to use the company that you use in this post for your MBA capstone, but you might want to. Remember all businesses even service businesses need to have a sourcing strategy.
What is the trend for the industry that you are considering (cite)?
What are the possibilities for sources for your business?
Is “insourcing” or local sourcing an option? If so, why, if not, why (cite)?
Are there any limited resources that would be needed for your company (cite)?
Any government restrictions for your business? Any rebates (cite)?
What else did you learn from this short article that might help you create competitive advantage for your business?
https://www.supplychainquarterly.com/articles/272-3-steps-to-strategic-sourcing
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Answer the following questions after reading the brief article in Documents and Resources. You are not required to employ the company mentioned in this post for your MBA capstone, but you may like to do so. Remember that all businesses, including service businesses, require a sourcing strategy.
What is the current trend in the industry that you are considering (please cite)?
What are your options for sources for your company?
Is it possible to “insource” or “source locally”? If so, why, and if not, why not (cite)?
Are there any limited resources that your organization would require (mentioned)?
Any government restrictions for your business? Any rebates (cite)?
What else did you learn from this short article that might help you create competitive advantage for your business?
https://www.supplychainquarterly.com/articles/272-3-steps-to-strategic-sourcing