Complete the following sections:

Section1. Read and learn!

First, researchon Global Production, Outsourcing, and Logistics.Jot down the most important ideas,and compose a report covering at least these five points:

1. Analyze and explain how production and efficient logistics impact multinational businesses.
2. Explain how country differences and other variables can determine the choice of where to locate production activities.
3. Assess the know-how benefits for foreign suppliers.
4. Identify the relevant factorsthat influence a firm’s decisionto sourceeitherinternally or externally.
5. Look into the requirements toefficientlycoordinate remote outsourcing.

Section2. Searchfor sourcing opportunities in Europe /Asia

Europe or Asia? Choose oneof these continental markets, based on your own professional interests, and write an executive brief on its current business environments.

Then,do some research and select onerelevantindustryripe for multinational business. Help yourself with Porter’s value chain concept for an industry analysis:

Eby, K. (2018). How Your Business Can Benefit from Value Chain Modeling. Retrieved from https://www.smartsheet.com/value-chain-model

Also, include the current main sourcing countriesin that continent for that industry, and integrate all your findings in a diagram.

Deliverables (section 1 and 2):

1. A report with your analysis of the chapter, at least twopages long.
2. Aone-page analysis of the current business environment currently affecting that continent/industry.
3. Afulldiagram that includes all value chain elements of your analysis(add a final written explanation of your diagram).

Section3. Select a Mexican sourcing company

Now search forlocalMexican innovativecompaniesthat may be suitable tothe sourcing needs of thatspecificindustryyou selected in Section2. It could be software, logistics, manufacturing components, or many others. Pay attention to the industry best practices and specific requirements to consider,then make a checklist and reduce your search to 3 or 5 companies to choose from. You may follow this suggestiononhowtobuildachecklist:

Mind Tools. (2020). Carter's 10 Cs of Supplier Evaluation. Retrieved from https://www.mindtools.com/pages/article/10-cs.htm

Section4. Find a European or Asian partner

Select areliable businesspartner for this company in the continental market you chose in Section2 (Asia or Europe).You canget ideas bybrowsing onlineforbusiness/vendors exposhappening around the world, consultingbusiness directories,government databases,or through other online resources such asLinkedIn, TradersCity.com, OutsourcePortfolio.com or many others. You can also interview someone who is actively working in thatindustry, for guidance.

Once you select the business partner, look for the company’shistory and otherdetailed information and analyze how it relates to the prevailing business environment in the country it is from.

To be aware of the differences in manufacturing costs worldwide, check out the latest edition of the Chartbook of International Labor Comparisons:

U.S. Bureau of Labor Statistics. (2012). International Labor Comparisons. Retrieved from Labor http://www.bls.gov/ilc/chartbook.htm

Then, identify the hourly compensation costs for manufacturing workers in the country you selected and compare them to Mexico’s.

Also, assess the trade logistics environment and performance of thatcountry, based on the most recent World Bank's Logistics Performance Index:

The World Bank. (2015). Welcome to the LPI 2018. Retrieved from http://lpi.worldbank.org

Prepare an executive summary highlighting your key findings andexplaining how this information is useful while building a competitive supply chain network.

Deliverables (sections 3 and 4):

1. One-page report explainingyour selectionof theMexican sourcing companyand the full checklist.
2. One-page report on your selectionof a reliable business partner,including the history/details ofthe company anda brief analysis of the prevailing business environmenttherein.
3. Prepare an executive presentation(about 5-7 slides)analyzing your findingsregarding the labor costs and logistics performance of the selected country and Mexico,explaining how this information is useful while building a competitive supply chain network.

Section 5. Blueprint of aninternational supply-chain strategy

Design acreativestrategy for thisMexican company to expand successfully in Asia or Europe. It is important to support your proposalwithrelevantfacts andeconomicfigures,diagrams, news pieces,insightfulinterviews(if necessary), and serious sector analysis.Go back to the textbook if needed.Make sure you can answer these four questions:a)What would the strategic objective of the Mexican companybe?Explain.b)Would it be convenient to forma strategic alliance?Why or why not?c)If so, what are the potential benefits and risks for both parties?d)What is the best supply chain strategy to follow and why?

• Section 1: Answers to each question.
• Section 2: Executive brief and diagram.
• Section 3: Checklist of Mexican sourcing companies.
• Section 4: Executive summary and presentation.
• Section 5: Creative strategy.

Deliver your progress based on the evaluation criteria shown in the following rubric.