1. What other techniques might Regal Marine use to improve supply chain management?

The other techniques might Regal Marine uses to improve supply change management are as
follows:
● Allowing the supplier to become part of the company coalition.
● Specialization – utilizing the efficiency and knowledge of persons specializing in
supply chain management
● Virtual company – relying on a variety of supplier relationships to ensure the product
is produced on time and within the demands of the customers
● Using the latest computer and transmission technologies to schedule and manage the
shipment of parts in and finished products out, would help to increase the efficiency
of the company.

When a differentiation strategy is used, the following qualities are required of suppliers:
• Market research should be shared, and goods and alternatives should be developed
together.
Primarily look for product development experience.
• Make use of modular techniques that allow for bulk customization
• Keep chain inventory to a minimum to minimize obsolescence.
• Invest aggressively to shorten the time it takes to develop a product.
• Make use of modular design to put off product differentiation as long as feasible