Address the impact of the pandemic on global outsourcing with respect to the following four areas:

Question

Address the impact of the pandemic on global outsourcing with respect to the following four areas:

i) Supplier relationships: For example (but not limited to), describe how the pandemic affects issues such as supplier selection and supplier relationship management. (marked out of 15 points)

ii) Incoterms: Assume your company is located in Kitchener, Ontario Canada and you are importing a consumer product from Berlin, Germany. You do not require insurance from the vendor, and E and D terms are not available in this scenario.

In this section of your Report include the following information:

a) Which Incoterm would you try and negotiate for this transaction to minimize your costs? (marked out of 5 points)

b) Explain why you selected the Incoterm in the previous question, including the advantages and disadvantages. (marked out of 10 points)

iii) Transportation modes: Describe how the pandemic may have affected your choice of transportation modes in the scenario above if you were responsible for carrier selection and freight costs to Kitchener, Ontario Canada. (marked out of 15 points)

iv) Distribution logistics: Describe how the pandemic may have affected your distribution of customer orders with respect to order processing, inventory control and warehousing. (marked out of 15 points)

Answer 1

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