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Write up the improvement plan in a 1,050-word document . Format the paper according to APA standards . Click the Assignment Files tab to submit your assignment ================================================== ISCOM 361 Week 5 Risk Management Plan FOR MORE CLASSES VISIT www . iscom361master . com
and corrective action . You need to include how you will monitor compliance to corrective action and if the corrective action is effective .

Write up the improvement plan in a 1,050-word document . Format the paper according to APA standards . Click the Assignment Files tab to submit your assignment ================================================== ISCOM 361 Week 5 Risk Management Plan FOR MORE CLASSES VISIT www . iscom361master . com

Your company produces medical devices and purchases plastic molded fittings from a company in Beijing , China . It is rumored the Chinese supplier is being acquired by a plastics company in Saratov , Russia . If this acquisition is completed , the fabrication of the plastic fittings will be relocated to Saratov . It is expected to take six months to transition production to the new location once the agreement is signed .
The current situation with the Chinese supplier has not been good . It is behind on deliveries due to shortage of plastic resin from its supplier as well as transportation delays coming into the U . S . due to backups at the West Coast sea ports . This has caused back orders to your customers .
While you are working to close the gap in current supply , you know this change in supplier location will only create additional risk to your supply chain .