Find at least one business example of outsourcing. Explain the risks and benefits.
Your Topic: Supply Chain, Logistics, and Transportation
Assignment Details: Chapter 6 Page 137 Questions 3 & 4 and Page 138 Problems 1 & 3
3. “Find at least one business example of outsourcing. Explain the risks and benefits.
4. There has been a push in many communities to source locally. Identify the risks and benefits of sourcing globally versus locally.”
Problems 1 & 3
“Jerry’s Auto Repair is concerned about the effective use of parts inventory. His average inventory in dollars is $300,000, and cost of goods sold is $1,500,000.
What is the inventory turnover for Jerry’s Auto Repair?
Assuming 52 weeks per year, what is the weeks of supply?
What do these numbers tell you about Jerry’s inventory utilization?”
Number of Sources:
Number of Pages: 2
Preferred Spacing: Double spaced