Case study:
Review the case study, "BASF: Increasing Farm Yields Through Innovations in Chemistry." And analyze BASF's efforts to ensure an effective and efficient supply chain.
Complete the below:
Describe the problems BASF faced in dealing with unpredictable demand, and respond to the following questions:
How has BASF's differentiated supply chain models worked to leverage its economies of scale and extensive knowledge of its customers' industries?
What are characters of BASF's innovative harmonized processes? Has the harmonization strategy impeded BASF's supply chain improvements?
Describe how BASF resolved those problems to develop a more effective and efficient global operations and supply chain process, and respond to the following questions:
Would the production approach of Verbund be sufficient to handle the two scenarios described at the beginning of the case?
How has BASF streamlined supply chain processes without sacrificing responsiveness?
Is the harmonization an effective long-term strategy? Why or why not?
Response must be 3 to 4 double-spaced pages.