Assuming that you are a manufacturing company that make a medical device to measure a heart rate and blood pressure. You are looking for an opportunity to export your product. Answer the following questions:
Operations and Procurement Strategy
1. What is your procurement strategy?
2. In-source/out-source?
3. Where is your product sourced from?
4. Explain the customization process and where should it be done?
5. What terms of sale; INCO terms
6. Explain your inventory strategy
7. How will customer service be set-up?
8. What other risks and liabilities exist and what can be done to mitigate them?