Logistics Management:
Paper details:
Part 1:
(WRITE IN THE THIRD PERSON) Your task is to determine which procurement strategy is best for the company which is outsource and make the product ourselves. The product is Wonderful Widgets and we will be making the product, storing the product, and shipping the product. We have manufacturers and shippers near us that make the cost lower if we do not outsource.
Part 2:
Start the paper by giving a brief summary of the scenario. Then identify the problem at hand. Write a couple of paragraphs that critically evaluate the three possible solutions (describe advantages and disadvantages of each). Doing this will help you make the best recommendation. Choose a solution by making a clear and specific recommendation. Describe how the company can implement your recommendation.
Use APA format.
At the end, discuss the questions that are presented below.
Answer the following questions:
What did you find challenging in completing the scenario?
(Scenario is determining the cost of making our own product or outsourcing it-we are going to make it ourselves since facilities we need are near us and we get better costs for that)
How do strategic alliances impact procurement outsourcing strategies ?