Question: Select any multinational company and explain the following based on Global Value Chain: INCOTERMS: 1. Explain common INCOTERMS used by company on international trade platform

Select any multinational company and explain the following based on Global Value Chain: INCOTERMS:

1. Explain common INCOTERMS used by company on international trade platform and the strong reasons using it.

2. Explain the criteria how company chooses right INCOTERM and the problems/challenges with INCOTERMS. Procurement, Inventory Management and SCM

3. Explain with detail-oriented example how companys global supply chain platform enables to reduce their costs to provide global value proposition.

4. Explain in detail importance of company having effective relationships with suppliers and for developing meaningful processes for evaluating suppliers.

5. Explain in detail companys challenges in maintaining right global inventories (raw materials, WIP, Finished goods) as a result of demand variation especially during pandemic COVID 19.

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