Competency
Distinguish the strategic actions that differentiate between successful domestic and international sourcing plans.
Student Success Criteria
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Scenario
The executive team at your company wants to save costs in operations. They are considering purchasing and determining if switching suppliers could save the company money. Before developing a new domestic or international sourcing plan, you must identify the different considerations between the two plans. You will create a comparison chart illustrating the strategic domestic and international sourcing actions to present to the executive board.
Instructions
Create a comparison chart that does the following:
- Identify the five key strategic actions that differentiate domestic and international sourcing plans.
- Determine the different domestic and international sourcing plan considerations for each strategic action.
- Briefly explain how you would use this information to make a selection.
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