Assignment task: Select any multinational company and explain the following based on Global Value Chain: INCOTERMS
Question 1: Explain common INCOTERMS used by company on international trade platform and the strong reasons using it.
Question 2: Explain the criteria how company chooses right INCOTERM and the problems/challenges with INCOTERMS. Procurement, Inventory Management and SCM.
Question 3: Explain with detail-oriented example how company's global supply chain platform enables to reduce their costs to provide global value proposition.
Question 4: Explain in detail importance of company having effective relationships with suppliers and for developing meaningful processes for evaluating suppliers.
Question 5: Explain in detail company's challenges in maintaining right global inventories (raw materials, WIP, Finished goods) as a result of demand variation especially during pandemic - COVID - 19.