Posted: March 14th, 2023
In this section, the text discusses the overall supply chain, sourcing materials, producing a product, demand planning, and finally getting the product to the customer, including customer service. For this discussion pick one of the links in the chain and research its impact on the others in today’s manufacturing environment.
Minimum 100 words
SOLUTION
Sourcing materials is a crucial step in the supply chain as it directly affects the production process and the final product quality. In today’s manufacturing environment, sourcing materials has become more challenging due to various factors such as supply chain disruptions, geopolitical uncertainties, and environmental regulations.The availability of raw materials, their quality, and their cost all impact the production process and ultimately the final product’s price. For instance, if the raw material cost increases due to supply chain disruptions, the production cost of the final product also increases. This, in turn, could lead to higher prices for the customer and affect demand planning.
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