Question
Trends in New Product Innovation: Inflation and war in Ukraine are altering the design of global supply chains. Supply chain networks are being transformed into
Trends in New Product Innovation: Inflation and war in Ukraine are altering the design of global supply chains. Supply chain networks are being transformed into supply chain webs. This assignment focuses on how Apple (https://www.apple.com ) can improve new product innovation by working with supplier networks. Article 1: "How Sanctions on Russia, War in Ukraine and Covid in China Are Transforming Global Supply Chains," Link: https://www.wsj.com/articles/how-sanctions-on-russia-war-in- ukraine-and-covid-in-china-are-transforming-global-supply-chains- 11648267248?mod=hp_lead_pos11
Article 2: "Is It Time to Rethink Globalized Supply Chains?" Link: https://sloanreview.mit.edu/article/is-it-time-to-rethink-globalized-supply-chains/
Article 3: "High Inflation Darkens Global Economic Outlook," Link: https://www.wsj.com/articles/high-inflation-darkens-global-economic-outlook- 11665918002?mod=Searchresults_pos2&page=2
Article 4: "Apple investments with European suppliers top 20 billion in 2022," Link: https://www.apple.com/ma/newsroom/2023/05/apple-investments-with-european-suppliers-top- 20-billion-in-2022/
These assignment's articles discuss several types of influence on global supply chains and the need for continuous innovation. Apple has made large investments with European suppliers to enhance new product development in the future.
ANSWER QUESTIONS:
1. Describe how Apple's investment in suppliers will enhance new product innovation in 2024.
2. Provide a summary of supply chain challenges for Apple that are created by utilizing supplier-supported innovation.
3. Explain how Apple could develop a competitive advantage by adopting the supply chain strategies in the article "Is It Time to Rethink Globalized Supply Chains?" (Article 2 above).
4. Discuss how supplier innovation can be used to improve green product innovation for Apple.
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