How can supply be guaranteed in a period of market shortages


Problem

Case: Suman Corporation

A. If you were in the position of Mike Bradie, what is your assessment of the BARAC situation and what purchasing strategies would you adopt?

B. How can supply be guaranteed in a period of market shortages?

C. What should the criteria be for establishing long-term contracts and why are the suppliers interested in obtaining long-term contracts?

D. What are the purchasing risks for Suman and what purchasing risk strategies are available to Mike Bradie in this situation?

E. Can supplier development play a role in this situation?

F. Are there any ethical implications regarding the supply and demand for BARAC?

G. How should Mike Bradie prepare for the negotiations with the BARAC suppliers?

Request for Solution File

Ask an Expert for Answer!!
Supply Chain Management: How can supply be guaranteed in a period of market shortages
Reference No:- TGS03295316

Expected delivery within 24 Hours