write a page academic paper on the role that strategic 'fit 'plays in sourcing decisions.

Expert Solution

answer-

strategic fit plays an important role in making sourcing decisions.strategic fit is the extent to which company can match its resources & capabilities with the external opportunities by making strategy & implement that strategy.strategic fit helps the organization in various aspects like project based strategy, supply chain based strategy, customer based strategy which all should be matched with the resources & capabilities of the organization to achieve a balance between the efficiency & responsiveness so that it can fullfill the demand of the target customers.

sourcing decisions in supply chain would be that all set of business process needed to purchase goods and services. then in this stratgeic fit comes to make strategy to procure best & cost effective raw materials,components etc from the suppliers to maange thier operations of the business.

strategic fit is very neccessary activity to make a effective strategy which can help the business decisions to improve effciency in every process of business like procurement, production, project management, customer target etc.

* above answer is written in my own words.hope this answer would help you in your paper.good luck.

keosha answered 7 months ago

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