Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Businesses are increasingly looking to make substantial changes to realign their supply chains globally, a trend accelerated recently by the global pandemic. They are considering
- Businesses are increasingly looking to make substantial changes to realign their supply chains globally, a trend accelerated recently by the global pandemic. They are considering diversifying both the geographies, and suppliers, upon whom they rely in order to reduce "concentration" risk. Some may go further and repatriate their supply chains. Rationalising supply chains may involve acquisition of lower tier vendors (some of whom may be distressed financially) or wholesale exits from particular supply chains. Where are South African organisations? Where are they falling behind? And why?(Is it poor risk management, non-guided policies, no concentration on 4 IR?)Discuss. explain extensively and accurately and provide references and examples where neccessary
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started