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    International Supply Chain Management Assignment 1

    Uploaded by

    Mudit Goel
    The student proposes changes to the global supply chain plan for FCS Corporation. Due to increased demand, the budget for supply chain needs to increase to support additional inventory and logistics costs. While business in China has been affected by the coronavirus, the large opportunities in that market mean operations should continue. An additional vendor, Bond Corporation, should be added to help existing vendors meet increased sales volumes and improve efficiency through competition. The overall goal is to expand the customer base and meet supply chain objectives of good customer service, low inventory costs, high vendor efficiency, and balanced demand and supply.

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    International Supply Chain Management Assignment 1

    Uploaded by

    Mudit Goel
    174 views6 pages
    The student proposes changes to the global supply chain plan for FCS Corporation. Due to increased demand, the budget for supply chain needs to increase to support additional inventory and logistics costs. While business in China has been affected by the coronavirus, the large opportunities in that market mean operations should continue. An additional vendor, Bond Corporation, should be added to help existing vendors meet increased sales volumes and improve efficiency through competition. The overall goal is to expand the customer base and meet supply chain objectives of good customer service, low inventory costs, high vendor efficiency, and balanced demand and supply.

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    The student proposes changes to the global supply chain plan for FCS Corporation. Due to increased demand, the budget for supply chain needs to increase to support additional inventory and logistics costs. While business in China has been affected by the coronavirus, the large opportunities in that market mean operations should continue. An additional vendor, Bond Corporation, should be added to help existing vendors meet increased sales volumes and improve efficiency through competition. The overall goal is to expand the customer base and meet supply chain objectives of good customer service, low inventory costs, high vendor efficiency, and balanced demand and supply.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    174 views6 pages

    International Supply Chain Management Assignment 1

    Uploaded by

    Mudit Goel
    The student proposes changes to the global supply chain plan for FCS Corporation. Due to increased demand, the budget for supply chain needs to increase to support additional inventory and logistics costs. While business in China has been affected by the coronavirus, the large opportunities in that market mean operations should continue. An additional vendor, Bond Corporation, should be added to help existing vendors meet increased sales volumes and improve efficiency through competition. The overall goal is to expand the customer base and meet supply chain objectives of good customer service, low inventory costs, high vendor efficiency, and balanced demand and supply.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 6

    International Supply Chain

    Management assignment 1.docx


    by Jagrit Sehgal

    Submission date: 09-Feb-2020 09:37PM (UTC-0500)


    Submission ID: 1254348084
    File name: International_Supply_Chain_Management_assignment_1.docx (17.42K)
    Word count: 535
    Character count: 2838
    ALGONQUIN COLLEGE

    INTERNATINAL BUSSINES MANAGEMENT

    International Supply Chain Management.

    Assignment 1

    Student: Jagrit Sehgal


    #()4()975229
    The Board of Directors

    FCS Corporation

    Shaheed Nagar MMIG

    Agra, India 282001

    Dear Board of Directors of FCS Corporation I would like to

    further elaborate the global supply chain plan for FCS Corporation after reviewing the

    plan closely and making considerable changes.

    After doing a detail analysis on the budget of the global supply

    chain plan of our company I found that the number of customers and the demand of

    the products of the company is growing at a faster pace than the increase in the

    budget of the global supply chain plan. With the good performance of the company

    the budget of marketing, sales and research team has been increased considerably

    however, it has become difficult for the logistics team to cope up with the additional

    stock keeping of the products and cost associated with it. Therefore, I would request

    Board of Directors to increase the budget of the supply chain plan of the company in

    order to help the team to perform its duties efficiently.

    In the event of transferring political and economic risk,

    sometimes companies have to face difficult situations. Business of our company with

    Chinese trading partners was going very well because of the benefits of

    geographical location and political situations between India and China. However,

    after the influence of Coronavirus in the cities of China, the economic situation has

    been affected which has further affected trade and our supply chain in China

    adversely. I believe that


    China is a great market and possess lot more opportunities for our company. An

    uncertainty like Coronavirus which is being treated very seriously by China and the

    whole world, would end soon and we should not let this market full of opportunities go

    away. Therefore, I would suggest that business in China should keep going.

    The performance of our company has been very good in

    past 2 years because of the perfect decisions taken by the Board of Directors and as

    a result of this sales of our company has been increased nationally and globally. With

    the increase in sales it has become difficult for the existing vendors of the company to

    bear the burden of increased sales and this is further affecting the business of the

    company. In order to maintain smooth global supply of the company’s products I

    would recommend Bond Corporation to be selected as an additional vendor of the

    company. This decision will also increase the competition among the vendors which

    will further result in increased efficiency of the vendors.

    The main objective of the company is to increase the sales by

    increasing its customer base. Global supply chain plan of the company focuses on

    best customers service performance, minimizing the cost of post-production inventory,

    making all the vendors perform with maximum efficiency and balancing the demand

    and supply of the product (Quora, 2017). When these global supply chain objectives

    of the company will be achieved it will automatically contribute in the achievement of

    the overall objective of the company.

    Therefore, I would recommend Board Of Directors to approve this

    Global supply chain plan.


    Sincerely,

    Jagrit Sehgal

    References
    Quora. (2017, Jan 10). Retrieved from https://www.q uora.com/What-are-the-objectives-of-suppIy-
    chain-management
    International Supply Chain Management assignment 1.docx
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