Global Supply Chain Logistics
https://www(dot)youtube(dot)com/watch?v=OVYcxi1rDgE
Watch the video in link then answer these questions in the format specified.
Questions:
1) What are some of the factors that affect the "sensitive machine" of movement through the global supply chain?
2) Think of another type of retail store and consider what movement within the supply chain would look like for that store using the example of Justine's shoe store to guide you. Focus on a single product of the chosen retail store and try to determine how it gets to your store.
3) What does an economy need to continue to grow and gain strength in terms of global supply chain?
Write a 1 page APA formatted paper over the video. Use the following guidelines:
12 point font, Times New Roman, 1-inch margins,
The title and reference page do not count toward the needed pages for the assignment requirements.
Use at least two reputable sources cited in APA format. Wikipedia is not a reputable source, and points will be lost for having this listed within your references.
Global Supply Chain Logistics
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Global Supply Chain Logistics
Factors that affect the “sensitive machine” of movement through the global supply chain include environmental risks such as poor weather conditions or natural disasters (UWCFIRE, 2009). In addition, economic factors such as labor costs, price volatility, and increases in fuel prices interfere with the global supply chain. For example, when fuel prices skyrocket, the product may take longer to reach the retailer as some suppliers may not afford the additional cost. Zinn and Goldsby (2020) note that technological conditions such as poor computer networks or ICT disruptions and infrastructure failures could also interfere with the supply chain. Even geopolitical factors such as political instability, terrorism, and trade restrictions can hinder the supply chain.
The retail store deals with women’s underwear garments, specifically bras and panties. It is located in San Diego, California. The store’s women's underwear garments' raw materials are obtained from Italy, Spain, Portugal, and ...
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