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Waleed alzahrani

1. Discuss few of the factors that amplify uncertainly in the context of a supply chain whose operations are located around the globe.

Factors affecting the time and the distance and currency and customs.

The means of transport depends on the distance between one country and another. For example, it is to ship the oil from Saudi Arabia to China by the giant ships. Time is a challenge as have to keep large inventories and extra capacity which can be costly. Also customers and border procedures as every country has different laws and regulations. Global operations also need to account for currency changes as they can significantly reduce profits.

2. Differentiate between functions performed by an “Export Trading Company” and an “Export Management Company.”

Export Trading Company is company specializes in export services for international businesses to support services that may include warehousing, shipping, billing, and insurance. Export trading company sometimes helps locate potential buyers for manufacturers.

Export Management Company is a foreign company that works in the capacity of a sales agent as well as a distributor for those exporters that are domestic. Refers specifically to international business.

3. What is “revenue Management?” Under what circumstances can it be used?

Revenue Management (RM) is the science of maximizing revenue under variable conditions. It is a management tool that has the objective of increasing sales revenues by manipulating the prices at which fixed products (i.e. hotel rooms and airline seats) are made available for sale in relation to the current and forecasted demand. Its help to find the right product to the customer at the right time. It requires data mining and research, solid understanding of customer needs. Also creating a partnership within the supply chain to greater the need of accurate information to coordinate logistics.

4. Differentiate between “mail-in-rebate” and an...