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Supply Chain Management Question A. Welds Industries Ltd a manufacturing firm sources some of its production input from overseas. Outline FOUR (4) ways in which

Supply Chain Management

Question

A. Welds Industries Ltd a manufacturing firm sources some of its production input from overseas. Outline FOUR (4) ways in which the company can benefit from good sourcing decisions.

i. Differentiate between off-shoring and out-sourcing

ii. Outline what would be a good reason for the company to source in-house as opposed to out-source

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