Discussion Board 14- global sourcing

I’m working on a supply chain discussion question and need an explanation and answer to help me learn.

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=1Links to an external site.
• 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=1Links to an external site.
• 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-rescueLinks to an external site.

Please 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?

Please provide an insightful question about INCOTERMS. Why is this an important question?