Question
Explaine the paragraph below with other simple words and give an example Because global sourcing increases the distance that components and inputs must be moved,
Explaine the paragraph below with other simple words and give an example
Because global sourcing increases the distance that components and inputs
must be moved, managers must consider trade-offs between transportation
and holding costs.
The choice of a faster transportation alternative (e.g., air) will likely create
higher transportation costs and lower inventory holding costs.
A slower transportation alternative (e.g., water) will create lower
transportation costs and higher inventory holding costs.
Implementation is often a major shortcoming to many global procurement
plans.
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