ISCOM 361 MASTER Start With a Dream /iscom361master.com ISCOM 361 MASTER Start With a Dream /iscom361maste | Page 16

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.