Which environmental factors should be considered when trying to identify the total cost of procuring goods in low-cost countries

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Chapter 9: Discussion Question

1.Which environmental factors should be considered when trying to identify the total cost of procuring goods in low-cost countries.

Important Note:

Please note that this is NOT A SHORT-ANSWER QUESTION.  The answers must be detailed, a minimum of three (3) paragraphs.

Chapter 10: Discussion Question

2.Explain how a reduction in lead time can help a supply chain to reduce its inventory buffer without hurting customer service.

Important Note:

Please note that this is NOT A SHORT-ANSWER QUESTION.  The answers must be detailed, a minimum of three (3) paragraphs.