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This Team Challenge requires you to do a Research Paper on Managing Risk in Global Supply Chains, paying particular attention to how the coronavirus has affected and is affecting global supply chains....

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This Team Challenge requires you to do a Research Paper on Managing Risk in Global Supply Chains, paying particular attention to how the coronavirus has affected and is affecting global supply chains. You will start by choosing an industry and getting background information on it (e.g., which companies are the biggest players in), then analyzing a single company's current Supply Chain process, the commons risks it faces, the effects of the COVID-19 virus and how this low-probability event has affected them, and your recommendations going forward.

Answered Same Day Jun 18, 2021

Solution

Sudipta answered on Jun 18 2021
128 Votes
2
Background information
The term ‘supply chain’ is widely used in retail sector. Target corporation is one of the largest retail sectors in USA. The company has more than 1,850 stores across the nation (Target.com, 2020). The company involved into dealing with number of product category like clothing, beauty, pet supplies, food, furniture, and others. A number of studies have revealed that Target Corporation has one of the most structured supply chain process to manage product flow and all related operations in stores across the globe.
Supply chain structure of target group, its risk and recommendation
COVID19 is the most trending topic and probably the most prominent pandemic in this modern time. This pandemic has affected every business sector, retail sector is one of the sectors which has highly affected due to this pandemic. While looking into the supply chain of Target Corporation it has been found that the company used to maintain ‘producer storage with direct shipping and in-transit merge’ (Chopra, 2003). However, the supply chain process has been changed due to COVID19 pandemic.
The management team has faced an...
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