Define and explain the concept of strategic outsourcing in the context of designing and reconfiguring supply chain structures; discuss the decision process of outsourcing and influencing factors; explore what might be the difficulties and barriers in its operational implementation; and finally summarise the key benefits and potential risks

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Define and explain the concept of strategic outsourcing in the context of designing and reconfiguring supply chain structures; discuss the decision process of outsourcing and influencing factors; explore what might be the difficulties and barriers in its operational implementation; and finally summarise the key benefits and potential risks

Write a study report to further explore two of the following three SCM areas: 1. Define and explain the concept of strategic outsourcing in the context of designing and reconfiguring supply chain structures; discuss the decision process of outsourcing and influencing factors; explore what might be the difficulties and barriers in its operational implementation; and finally summarise the key benefits and potential risks. 2. Discuss the critical importance of supplier relationship management for the supply chain competitiveness; by finding and referencing to a number of professional literatures critically review some relationship management frameworks, or models and approaches; discuss how a business might decide on the most appropriate relationship portfolio and management approach. 3. Explain what the supply chain uncertainties and supply chain risks are; explore some already established theories and practices in managing them referencing to some relevant literatures. Discuss the phenomena and behaviour of the Forrester Effect as one of the models for demand uncertainty; further explore the countermeasures of Forrester Effect. Requirement: a. A content page and page numbering b. To complete a report on two chosen topics from the three above, indicating the question number. c. Properly structure the discussion into sections and give subtitles for each section. d. Use references (normally 5-7 professional journal articles for each report) to demonstrate the extended learning e. Each topic is recommended to be around 2000-2500 words in length. f. No lengthy case study is required, but some short (a few sentences) real world examples may be adequate.

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