Question
2.In Operations a hurricane is categorized as a serious threat to your shipping business -your company has shipped goods via vessel from Miami to Singapore
2.In Operations a hurricane is categorized as a serious threat to your shipping business -your company has shipped goods via vessel from Miami to Singapore during a Category 5 hurricane. You just received a call from the shipping agent in Singapore that your goods were lost in sea -is this something that could have been mitigated? Or resolved through a resilient Just-in-time (JIT) network? Hint: Long-range planning vs. Scenario Planning
3.In managing the shipping (import/export) component of your business how exactly does the procurement process play a role -please provide an example and/or a list of what it may include. How does this differ from e-sourcing and e-procurement?
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