Regal Marine employs different supply chain strategies for different materials used in boat production. For critical components like engines from Volvo, Regal uses a single supplier strategy to improve quality, while using multiple suppliers for less critical items to reduce costs. Regal could further improve supply chain management by increasing vertical integration to reduce inventories and costs. As an important partner in Regal's supply chain, suppliers benefit from significant revenues, opportunities to test new products, and market feedback to adapt to demands and technology changes. Supply chain management is crucial for Regal to control production activities, materials sourcing, and product distribution, which allows for cost reductions and inventory control while meeting customer needs.

Supply Chain Management at Regal Marine Regal Marine Marine2pdfsupply Chain PDF PDF

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