Provide a memo Toyota, troubled by its suppliers After grua
Provide a memo Toyota, troubled by its suppliers After gruaduate… Provide a memo Toyota, troubled by its suppliers After gruaduate you immediately joined the workforce. Searching for a high-tech company to work at with a highly innovative culture and high employee appreciation, you came across Toyota , a start-up company specialized in manufacturing forest-fire detectConnect with an expertion drones. The company relies heavily on government contracts from Europe, North America, and Asia Pacific countries as their primary revenue stream. As a business strategy, it waits for the customer to send an order before starting production. Thanks to your critical thinking and communication skills, you impressed Micheal, the Operations Director who decided to hire you for an initial project. You will give your best because if it goes well, you will be given a long-term employment contract to support other projects and bigger challenges.For this initial project, you were assigned to a distressful procurement division where the camera supplier failed to deliver the previous five shipments on time. This is causing a bottleneck, and other divisions have started to complain, making this an urgent issue to solve. Micheal has considered different alternatives, but he does not have all the necessary information to make any significant decision. Since 80% of their revenue comes from government contracts, Toyota requires any proposal to comply with the following conditions: First, a BASC certification must be held (Business Alliance for Secure Commerce). Second, because Toyota is committed to EDI practices, having a diverse Board of Directors must be demonstrated. Third, since a sophisticated AI powers the drones to analyze and recommend actions, the camera must be compatible with their programming software C++. Finally, Toyota needs to comply with sustainable development goals adopted by the United Nations. Given the tight deadlines with several government contracts, a decision must be made quickly. As a first step, Michealwould like you to investigate the following options and make a recommendation. Your recommendation should be based on the option’s ability to comply with the previously mentioned conditions. The options are: – Switch suppliers – In-house development – Acquire a company that manufactures cameras with the required specifications Micheal has asked you to send him a memo by next week providing your recommendation. Please sends your complete risk analysis to him, along with your memo. The risk analysis is the only analysis that will be sent to your audience. In the memo, you should also identify which category of risk is most relevant and the two most significant risks that the owners should consider. Micheal will schedule a meeting with the executive suite after reviewing your report and recommendationEngineering & Technology Industrial Engineering Operations Management DANC MISC
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