PLEASE ANSWER THE QUESTIONS AFTER READING BELOW BASED ON THE SUBJECT SUPPLY CHAIN MANAGEMENT MARK ALLOCATION IS NEXT TO EACH QUESTION.

Nestle Supply Chain Strategy Nestle is one of the largest food and beverage companies in the world. The company has adopted a comprehensive supply chain strategy as part of its business strategy. This strategy covers all areas of its operations, from sourcing raw materials to delivering finished products to customers. Nestle$$s supply chain strategy is focused on ensuring quality, efficiency, responsiveness, and sustainability. Nestle$$s supply chain strategy begins with sourcing raw materials and ingredients. The company works with suppliers to ensure that its products and components are of the highest quality and are produced sustainably. The company also ensures that its suppliers comply with international standards and regulations. Once the raw materials have been sourced, Nestle$$s supply chain strategy focuses on ensuring that the finished products are produced efficiently and delivered to customers on time. The company has invested in modern manufacturing technologies and integrated supply chain systems designed to optimize operations and reduce costs to achieve this. Finally, the company$$s supply chain strategy is focused on sustainability. Nestle uses renewable energy, sustainable production, and recycling to lessen its environmental effect. The company assures its suppliers follow ethical labor norms and socially responsible supply chains.

QUESTIONS:

$1\mathrm{.}1$ Provide an overview of Nestl$\text{'}$s corporate strategy. Discuss how Nestl$$ adapted its strategy to handle globalization. $(20$ MARKS$)$

$1\mathrm{.}2$ Identify the common challenges Nestl$$ may face in managing its global supply chain and discuss the potential solutions. $(20$ MARKS$))$