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SCM 303 Intro to SCM - Fall 2018 “USMCA vs. NAFTA” – What is the Good, The Bad and the Ugly? ©" Background: Based on the knowledge that global trade (and corresponding demand) has been and will continue to be one of the major drivers of supply chains, on October 1", 2018, the United States of America, along with the countries of Mexico and Canada came to a three country trade agreement known as the "United States-Mexico-Canada Agreement" or "USMCA". This agreement is one that was meant to replace the previous tri-country trade agreement known as the “North American Free Trade Agreement” or “NAFTA” that originated in 1994. In fact, as a replacement agreement, the “USMCA” is referred to as “NAFTA 2,094 Assignment: As a major assignment in SCM 303, please review and provide a report that discusses five primary points as either similarities and/or differences between both agreements. Also, please review and provide suggestions/recommendations if you were the CEO for a Tier 1 manufacturing supplier from: USA, Mexico and Canada, respectively, each dealing with these new terms of USMCA. Collectively, this means that you will provide five (5) points of analysis (compare and/or contrast) along with three (3) strategic suggestions as a CEO for a Tier 1 company located in: USA, Mexico and Canada, respectively (i.e., one suggestion for your Tier 1 company located in each country). As a Tier 1 supplier, please make sure to explain which product or commodity that your company supplies as part of your suggestion. Guidelines for the Project Research Report: • Report is to contain the major components of a Research Project as further described here. These can be separated into sections for the report and include: Similarities and Differences (compare and contrast at least five points listed here between each agreement), Recommendations (based on your research of each agreement and strategic suggestions for a Tier 1 manufacturing supplier company based in the United States, Mexico and Canada, respectively - make sure to choose which product/commodity that your company supplies) and lastly, References. Each paper should NOT be longer than 2-3 pgs. (500 words), written in standard paragraph format, double-spaced with 12 pt. Times New Roman font. . Please do not COPY any website material for inclusion into report as a source of information, but make sure to use various sources of credible information to conduct your analysis, always remembering to reference credible sources (in APA format) in the References section of the written report. Likewise, please do NOT cite Wikipedia as this is an editable source (and potential bearer of incorrect information). Also, please feel free to contact individuals within companies for further information as part of this academic research project. Please explain that you are a college student and that any information shared is “for academic purposes only", making sure to cite your sources. Due Date for Paper - 12/04/18 (NOTE: Report is Due In-Class, to be collected at the end of Class)
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