The organization your work in is characterized by the follow…

Questions

The оrgаnizаtiоn yоur work in is chаracterized by the following: Was incorporated 18 months ago End products are assembled in the US using international components The company competes in a high-tech industry The life cycles of the products are relatively short The market for your products has seen a 30% growth rate in the last twelve months, and you expect to sustain growth rates of 30-50% over the next three years. All these points lead to the conclusion that this a relatively young organization that has grown quickly and will continue to experience considerable growth and change over the next few years. In order to remain competitive, the company has hired you to develop a plan in terms of establishing a sourcing strategy. Provide five (5) initiatives (from highest priority to lower priority) that you would suggest to management from the data noted above and describe in some detail why each is important with sufficient applicable reasoning.

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