Monumental Test the Supply Chain of GoGreen Portugal Faces (Research Paper Sample)

Global Supply Chain Management
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Global Supply Chain Management
Introduction
GoGreen is an energy company based in Portugal that deals exclusively with biofuels. It deals with bioethanol specifically and distributes it to the fuel companies in the European Union. The company seeks to expand its territories and explore the South American market, which offers cheaper biofuel. Since bioethanol is a widely coveted product; its supply chain is quite complicated. Therefore, this paper briefly explores the monumental test that the supply chain of GoGreen faces.
Evaluation of suppliers.
Several ways have been tried and tested before on the evaluation of suppliers. For starters, production capacity should be heavily considered. Bioethanol is a very dynamic product. Therefore, the market will tend to fluctuate and vary with time; therefore, the company should prioritize flexible suppliers who will adjust and deliver according to the market flow. The company also ought to consider a cost-friendly supply shift. GoGreen should review all the suppliers and their costs to determine which options make more financial sense. This will save the company money as it ventures into