Question:

The importance of securing raw-material to operations. The video below highlights one of the issues many Automakers have been facing regarding Chips, link below: https://youtu.be/GrS9j7K4M-sIn recent days, there were some unconfirmed reports that some Auto-Dealers are selling cars asking consumers to sign a disclaimer that some of the features are not fully available and could be installed later when Chips become available. In your opinion, how could companies deal with such operational challenges? (Consider: Location, Global/regional/ local Operations, Design of Goods/Services, Supplier Selection) (500 words)