ORGANIZATION SUPPLY CHAIN supply contract

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1.Manufacturers have to establish parameters for what is to be produced and in what quantity how does utilizing a supply contract aid both parties in terms of their roles/responsibilities involving the supply chain? (350 Words)

2.Read the article, “Managing the Supply Chain: If Only I Could See (Links to an external site.)Links to an external site.” and discuss the following:

  • The level of outsourcing found at your current employer, past employer, or company that you are familiar with. Describe the business functions within that organization where most outsourcing takes place.
  • Of the five recommendations given by the author to increase visibility, which are currently being pursued in your company?
  • Our text discusses several types of supply contracts. Choose one contract and explain if, and how, increased visibility would benefit the supplier, the buyer, or both parties.(350 Words)