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Posted: April 4th, 2022
Supply Chain Advice
Your friend Ben Strong just got a job he was seeking as a production manager for a small manufacturing firm. The company has about 200 employees and produces about $5 million worth of goods a year.
Ben has learned that the previous production manager was let go because of problems managing the supply chain. Some suppliers are delivering late, and some others are having quality problems. Ben is trying to decide whether to continue buying the materials and parts he needs from outside suppliers or to recommend that the firm integrate vertically and supply the materials it needs and produce its own parts.
Ben knows you have been studying production management and respects your advice. Prepare a paper of at least two pages for Ben that addresses the questions below.
What are at least two reasons to continue with a supply chain of external suppliers, and what is at least one disadvantage?
What are at least two reasons to vertically integrate and be your own supply chain, and what is at least one disadvantage?
How would you go about making the decision if you were Ben? Get custom essay samples and course-specific study resources via course hero homework for you service - Include a recommendation if you have one. Explain your reasoning.
Your paper should follow Ace homework tutors - APA guidelines and include references to document the research you did.
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Advice on the Supply Chain
Your friend Ben Strong recently accepted a position as a production manager for a small manufacturing firm, which he had been looking for. The company employs over 200 people and generates approximately $5 million in revenue each year.
Ben has discovered that the former production manager was let go due to supply chain issues. Some suppliers are delivering late, while others are experiencing quality issues. Ben is debating whether to continue purchasing materials and parts from outside suppliers or to advocate that the company integrate vertically and supply the materials it requires while producing its own parts.
Ben is aware that you have been studying production management and values your advise. Prepare at least two papers
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