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Home/Business & Economics/Draw two diagrams, one depicting the Timbuk2 supply chain for those products sourced in China and the other depicting the bags produced in San Francisco. Show all the major steps, including raw material, manufacturing, finished goods, distribution inventory, and transportation. Other than manufacturing cost, what other costs should Timbuk2 consider when making the sourcing decision?

Draw two diagrams, one depicting the Timbuk2 supply chain for those products sourced in China and the other depicting the bags produced in San Francisco. Show all the major steps, including raw material, manufacturing, finished goods, distribution inventory, and transportation. Other than manufacturing cost, what other costs should Timbuk2 consider when making the sourcing decision?

Apart from manufacturing costs considerations for its assembly plant in China, Timbuk2 should also consider transportation costs for the raw materials into China and finished products to customers, overhead costs, warehousing costs for its raw materials and finished products awaiting onward shipment to customers, and the costs of labor in China. According to Barnes, issues dealing with logistics management and related costs should always be considered before engaging in international supply chain management.

The company may also want to know the costs associated with doing business in China in terms of government policies, tax regimes, transportation and distribution options, and the cost and availability of skilled labor. The direct and indirect costs of inventory linked to the mode of transporting the raw materials from suppliers and finished products to customers must be put into consideration when making the product sourcing decision. After the above considerations are made, Timbuk2 will be able to critically evaluate the viability of doing business in China. The company will also be able to sell its products to customers based on value-based pricing.

Supply chain model for laptop bags sourced from China
Supply chain model for messenger bags from San Francisco
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Academic.Tips. (2022) 'Draw two diagrams, one depicting the Timbuk2 supply chain for those products sourced in China and the other depicting the bags produced in San Francisco. Show all the major steps, including raw material, manufacturing, finished goods, distribution inventory, and transportation. Other than manufacturing cost, what other costs should Timbuk2 consider when making the sourcing decision'. 8 November.

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Academic.Tips. (2022, November 8). Draw two diagrams, one depicting the Timbuk2 supply chain for those products sourced in China and the other depicting the bags produced in San Francisco. Show all the major steps, including raw material, manufacturing, finished goods, distribution inventory, and transportation. Other than manufacturing cost, what other costs should Timbuk2 consider when making the sourcing decision? https://academic.tips/question/draw-two-diagrams-one-depicting-the-timbuk2-supply-chain-for-those-products-sourced-in-china-and-the-other-depicting-the-bags-produced-in-san-francisco-show-all-the-major-steps-including-raw-materi/

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Academic.Tips. 2022. "Draw two diagrams, one depicting the Timbuk2 supply chain for those products sourced in China and the other depicting the bags produced in San Francisco. Show all the major steps, including raw material, manufacturing, finished goods, distribution inventory, and transportation. Other than manufacturing cost, what other costs should Timbuk2 consider when making the sourcing decision?" November 8, 2022. https://academic.tips/question/draw-two-diagrams-one-depicting-the-timbuk2-supply-chain-for-those-products-sourced-in-china-and-the-other-depicting-the-bags-produced-in-san-francisco-show-all-the-major-steps-including-raw-materi/.

1. Academic.Tips. "Draw two diagrams, one depicting the Timbuk2 supply chain for those products sourced in China and the other depicting the bags produced in San Francisco. Show all the major steps, including raw material, manufacturing, finished goods, distribution inventory, and transportation. Other than manufacturing cost, what other costs should Timbuk2 consider when making the sourcing decision?" November 8, 2022. https://academic.tips/question/draw-two-diagrams-one-depicting-the-timbuk2-supply-chain-for-those-products-sourced-in-china-and-the-other-depicting-the-bags-produced-in-san-francisco-show-all-the-major-steps-including-raw-materi/.


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Academic.Tips. "Draw two diagrams, one depicting the Timbuk2 supply chain for those products sourced in China and the other depicting the bags produced in San Francisco. Show all the major steps, including raw material, manufacturing, finished goods, distribution inventory, and transportation. Other than manufacturing cost, what other costs should Timbuk2 consider when making the sourcing decision?" November 8, 2022. https://academic.tips/question/draw-two-diagrams-one-depicting-the-timbuk2-supply-chain-for-those-products-sourced-in-china-and-the-other-depicting-the-bags-produced-in-san-francisco-show-all-the-major-steps-including-raw-materi/.

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"Draw two diagrams, one depicting the Timbuk2 supply chain for those products sourced in China and the other depicting the bags produced in San Francisco. Show all the major steps, including raw material, manufacturing, finished goods, distribution inventory, and transportation. Other than manufacturing cost, what other costs should Timbuk2 consider when making the sourcing decision?" Academic.Tips, 8 Nov. 2022, academic.tips/question/draw-two-diagrams-one-depicting-the-timbuk2-supply-chain-for-those-products-sourced-in-china-and-the-other-depicting-the-bags-produced-in-san-francisco-show-all-the-major-steps-including-raw-materi/.

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Compare the Timbuk2 assembly line in China to that in San Francisco along the following dimensions; a. volume or rate of production, b. required skill of the workers, c. level of automation, and d. amount of raw materials and finished goods inventory.
Consider a macroeconomy was initially at equilibrium level of real GDP. Using an aggregate demand and aggregate supply diagram or model of the economy, graphically illustrate and discuss the immediate effects of the following events upon the economy: a. The Central Bank within the economy raises interest rates and tightens credit. b. There is a marked drop in consumer and business confidence in consumption spending. c. An increase in international oil prices. d. An appreciation in the foreign exchange rate value of the economy’s currency.
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