Assessment 6PreparationUse the Internet links provided in the Suggested Resources to locate timely information about problems and proposed solutions in Target Corporation’s supply chain. Use the Capella Library or the Internet links provided in the Suggested Resources to locate additional current information from reputable sources.ScenarioYou are Target’s new vice president of supply chain and logistics following the Canadian expansion disaster. For the first phase in establishing a new strategic plan the board has asked you to prepare an executive summary of the supply chain disaster in Canada and to research supply chain trends for the future.DeliverablesThere are two parts to this assessment: an executive summary and a chart. Use bullet points and phrases to create an easyto-read format for both the report and the chart.Part 1 Deliverable: Write a succinct 3–5 page executive summary for the board of directors.Explain the lessons learned from Target’s retail supply chain disaster in Canada.What were the problems with the supply chain?What inventory channels were affected?Evaluate the financial impact of reengineering a supply chain including the impact to an organization’s shareholders.What is Target’s plan to reengineer the supply chain?What will the change mean for suppliers and their roles?What will it mean for current employees and their roles?What does this mean for Target and its shareholders?Explain the legal and ethical obligations facing an organization during a reengineering effort as compared to Target’s actions following the Canadian store closures.How did Target apply legal and ethical principles in the closure of the Canadian stores?How did Target treat employees?How did Target work with suppliers?Part 2 Deliverable: Use the software of your choice to create a chart or diagram that illustrates retail supply chain trends for the next 10 years.Evaluate major trends for retail global supply chains for the next decade.Which components require the most resources?What will the change mean for suppliers and their roles?What will it mean for current employees and their roles?Additional RequirementsLength: 3–5 page executive summary and a 1–2 page chart or diagram.References: Provide one final page of references from reputable sources to support your positions. Provide the URL for all Internet sources. When you are compiling data from multiple sources to create a chart or diagram be sure to also cite your references at the bottom of the graphics.Communication: Prepare professional reports graphics and related materials using correct grammar mechanics and APA style and format.