Week 3 make or buy
Class – let’s start this week’s discussion with short 5-minute video about making vs. buying an item. After checking out the video, talk about your company, one you have worked for in the past, or pick one (your choice) from the internet. Answer the following:
- What is the company and what do they do?
- What are some of the major items purchased?
- After watching the video- is the strategy Reactive, Stable, or Efficient Reactive?
- Where does the company fall in the supply chain- Supplier, Manufacturer, Distributor, or End Use Customer?
- Where do you fall in the process (if applicable).
- https://www.youtube.com/watch?v=vxZSaDtQgrs
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