Competency Analyze the external and internal drivers that influence supply chain principles. Scenario You are a newly hired Analyst at Mitchell Consulting, a firm that specializes in providing...

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Answered Same DaySep 26, 2021

Answer To: Competency Analyze the external and internal drivers that influence supply chain principles....

Moumita answered on Sep 27 2021
146 Votes
Running Head: External and Internal Drivers that influence Supply Chain Principle     1
External and Internal Drivers that influence Supply Ch
ain Principle                 2
EXTERNAL AND INTERNAL DRIVERS THAT INFLUENCE SUPPLY CHAIN PRINCIPLE
Table of Contents
Current Risks and Vulnerability in Sourcing Supplies    1
Analyse External Factors in choosing among the current suppliers    1
Categorizing the strategy of current suppliers and analysing their benefits and risks    2
Recommendations of purchasing strategy    3
References    3
Current Risks and Vulnerability in Sourcing Supplies
Johnson Motor Parts have been using extensive supply chain management to ensure the effectiveness of the quality in the products. However, there are some existing risks within its supply chain management system. The risks and vulnerabilities are:
· Security Issues in Communication: Lack of security often reduces the qualities of the inventory (Nakasumi, 2017). The communication system of Matrix and Dire does not have enough security bindings. Lack of security often leads to theft of data, which reduces the quality of the inventories.
· Lack of monitoring tools: Monitoring tools ensures efficiency quality of the inventories. It also helps in acquiring regular data of any movements in the supply chain. Johnson Motor Parts do not possess enough of monitoring tools that deviates the coordination between the company and the supply chain.
Analyse External Factors in choosing among the...
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