Logistics Management Discussion Board

Complete the required reading and answer the following questions. There will be 3 different files attached. The answers to the questions below should be found in any of the 3 readings attached. The answers should also be mainly based on the readings. And if you don’t find the answers there, you can find some other info in other sources. But try only relying on the attached readings. The paper should be 2-3 pages. 
Questions: 

1. Explain why a company would chose to outsource to a third party supplier? What are some of the factors that must be considered?

2. What are some of the benefits and risks to outsourcing? Domestic vs. Offshore

3. Why is the total cost of ownership important when selecting suppliers?  Give a few examples of the factors that influence TCO.

4.  Why did the article warn that re shoring all manufacturing operations might not be the perfect fix? Explain.

Solution

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