What actions can peanutty take to ensure the supply of raw materials for its operations while reducing the risk of stock-outs or high production costs?
What activities could be developed by Peanutty to reduce or manage its supplier and customer power to minimise risks and maximise profitably?
– They only have one supplier at the moment, has no bargaining power, cant meet consumer demand if a disruption were to occur
– Ceo doesn’t trust, share info with workers, he makes all the decision, even stuffs up production when he stops it
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