*PLEASE INDICATE THE SOURCES/REFERENCING FOR EACH QUESTIONS*

A company needs to develop partnerships with the best suppliers for its components, to leverage their expertise and technologies to create a competitive advantage in its supply chain. How could the firm improve a particular supplier's performance and capabilities, to meet its short and long-term supply needs in the supply chain. Discuss.

The companies or entities in a supply chain must decide whether to own or outsource the logistics assets that can reliably deliver the goods that have been ordered by the supply chain's customers. How should a company decide the ownership of its logistics assets? Discuss