Serious help and original work in own word if possible. . Thisdiscussions will be coming from the textbook Case Study: Blue Nile and DiamondRetailing, pages 103-107 by Chopra,S., & Meindl, P. (2016). Planning, and operation (6th ed.). Upper Saddle River, NJ:Prentice-Hall, Supplychain management, and Chapter 6 Building the supply chain of the future fromthe Mckinsey. Review Global supply chains are exposed to more risk today thanever before. Answer the six questions. This should be a discussionformat. May sure referenceand citations are include if used authorwords in any forms.
Readthe Case Study titled, “Blue Nile and Diamond Retailing,” on pages103107 in the textbook, for first four and Building the Supply Chain of theFuture from the website below for last two questions
1. What are some key success factors in diamond retailing? Howdo Blue Nile, Zales, and Tiffany compare on those dimensions? (Case study)
2. What do you think of the fact that Blue Nile carries over 30,000stones priced at $ 2,500 or higher while almost 60 percent of the products soldfrom the Tiffany Web site are priced at around $ 200? Which of the two productcategories is better suited to the strengths of the online channel? (Casestudy)
3. Which of the three companies do you think is best structuredto deal with weak economic times, and why?(Case study)
4. What advice would you give to each of the three companiesregarding their strategy and structure? (Case study)
5. Why is it important to consider uncertainty when evaluatingsupply chain design decisions? (Chapter 6/website)
6. What are the major sources of uncertainty that can affectglobal supply chain decisions? Be sure that you consider the financial,logistic, political, natural, cultural, and technological sources ofuncertainty in your response. (Chapter 6/website)
Malik, Y., Niemeyer, A., & Ruwadi, B. (2011). Buildingthe supply chain of the future. McKinsey Quarterly.Retrieved fromhttp://www.mckinseyquarterly.com/Building_the_supply_chain_of_the_future_2729