Supply Chain
Chapter 12 is titled “Global Sourcing” and includes the following topics:
Trends in global sourcing
Risk management
Global sourcing strategies
Incoterms
Wall Street Journal, “Apple Supply Crunch on Premium iPhone Threatens to Derail Record Sales Run,” Link: https://www.wsj.com/articles/apple-supply-crunch-on-premium-iphone-threatens-to-derail-record-sales-
run-11668084646?mod=Searchresults_pos1&page=1
Wall Street Journal, “Ford and Mercedes-Benz Formally Exit From Russia,” Link: https://www.wsj.com/articles/ford-and-mercedes-benz-formally-exit-from-russia-11666810216?mod=Searchresults_pos19&page=1
SupplyChainBrain, “Furniture Sales Disrupted by the Pandemic? It’s Rentals to the Rescue,” Link: https://www.supplychainbrain.com/blogs/1-think-tank/post/36037-furniture-sales-disrupted-by-the-pandemic-its-rentals-to-the-rescue
Read the assigned materials before answering the questions below.
Questions
How could Apple develop a sourcing strategy to manage supply chain disruptions for the iPhone 14?
What could Ford or Mercedes-Benz do to address the disruptions created by the Russian invasion of Ukraine?
How could furniture retailers manage global supply chain risks by utilizing INCOTERMS?
Provide an insightful question about INCOTERMS. Why is this an important question?