Serious help and original work in own word if possible. . This discussions will be coming from the textbook Case Study: Blue Nile and Diamond Retailing, pages 103-107 by Chopra, S., & Meindl, P. (2016). Planning, and operation (6th ed.). Upper Saddle River, NJ: Prentice-Hall, Supply chain management, and Chapter 6 “Building the supply chain of the future” from the Mckinsey. Review Global supply chains are exposed to more risk today than ever before. Answer the six questions. This should be a discussion format. May sure reference and citations are include if used author words in any forms.
Read the Case Study titled, “Blue Nile and Diamond Retailing,” on pages 103–107 in the textbook, for first four and “Building the Supply Chain of the Future from the website below for last two questions
1. What are some key success factors in diamond retailing? How do Blue Nile, Zales, and Tiffany compare on those dimensions? (Case study)
2. What do you think of the fact that Blue Nile carries over 30,000 stones priced at $ 2,500 or higher while almost 60 percent of the products sold from the Tiffany Web site are priced at around $ 200? Which of the two product categories is better suited to the strengths of the online channel? (Case study)
3. Which of the three companies do you think is best structured to deal with weak economic times, and why?(Case study)
4. What advice would you give to each of the three companies regarding their strategy and structure? (Case study)
5. Why is it important to consider uncertainty when evaluating supply chain design decisions? (Chapter 6/website)
6. What are the major sources of uncertainty that can affect global supply chain decisions? Be sure that you consider the financial, logistic, political, natural, cultural, and technological sources of uncertainty in your response. (Chapter 6/website)
Malik, Y., Niemeyer, A., & Ruwadi, B. (2011). Building the supply chain of the future. McKinsey Quarterly. Retrieved from http://www.mckinseyquarterly.com/Building_the_supply_chain_of_the_future_2729
