Assignment 1

Write a paper of 600-800 words that discusses the following:

• Identify at least 5 of the risks or challenges today of the global sourcing concept.

o Discuss how a firm's global sourcing manager may address two of these.

• Given these challenges, what are at least 3 advantages of sourcing products or product components from global sources versus just a firm's own countries' suppliers?

APA format

Assignment 2

Part 1: Use the provided MRP template to develop a 6-week manufacturing resource plan (MRP), given the following information:

Download the MRP Template

• The finished product being produced requires 1 of component A, 2 of component B, and 0.5 of component C.

• The production plan is to have in inventory, ready for sale, 100 units by the end of each of weeks 1-3 and 200 of the finished units by the end of weeks 4-6.

• All the components A, B, and C must be available at the beginning of the planned production week.

• Lead times from the vendors for A, B, and C are 1, 2, and 3 weeks respectively

• Production takes 1 week.

(For example, you would want necessary quantities of A,B, and C in the factory on Monday morning so that the finished units would be available for sale at the end of that same week.)

Part 2: At the bottom of this template, describe the importance of accurate lead time and bill of material information to have an accurate MRP.

Attachment:- MRP_Template_Phase-2_IP.rar