Issues of Supply Chain Expansion and Their Mitigtion Report 2022

Murray Meats International 1
ISSUES OF SUPPLY CHAIN EXPANSION AND THEIR MITIGATION
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1. Executive Summary
Risk management in every supply chain is important, especially because most
supply chain transactions include taking risks and making necessary changes to
sustain progress in any company’s economic development. Risk management in a
supply chain perspective involves dealing with issues that occur within the company
internally, and those that occur along the supply chain. For example, involving
transport logistics.
This report investigates the issues that Murray Meats International may face in
the supply chain regarding the changes that it is planning to make in its supply chain.
Some of these decisions include expanding to international markets, partnering with
a new company to handle their logistics, and establishing a new production plant.
Challenges they may face include; financial issues, high tax rates, and tariffs, and
global regulations involving transport such as green logistics.

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Contents
1. Executive Summary............................................................................................ 2
2. Introduction........................................................................................................ 5
2.1. Risk Management in the Supply Chain perspective...........................................5
3. Discussion......................................................................................................... 6
3.1. Supply Chain Issues and challenges...............................................................6
3.1.1. Financial Issues..................................................................................... 6
3.1.2. Tax rates and Tariffs............................................................................... 6
3.1.3. Market Uncertainty................................................................................. 7
3.1.4. Outsourcing Challenges..........................................................................8
3.1.5. Global Regulations.................................................................................8
4. Recommendations.............................................................................................. 9
4.1. Mitigating the risk of Expanding Plant Operations..............................................9
4.1.1. Running Simulation tests prior to Actualization...........................................9
4.1.2. Financial Planning................................................................................10
4.2. Mitigating the Market Expansion Risk............................................................10
4.2.1. Research and Technological advancement..............................................10
that have been successful in market penetration (Kumar et al., 2016)......................10
4.2.2. Investing in Advertisements...................................................................10
4.3. Mitigating the Partnership Risk.....................................................................11
4.3.1. Eliminating the Bullwhip Effect...............................................................11
5. How to Achieve a More Integrated Supply Chain...................................................11
6. Conclusion...................................................................................................... 12
References............................................................................................................ 13

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