Avoiding Avalanches of External Supply Chain Factors
Avoiding Avalanches of External Supply Chain Factors
With rising global tensions, companies face an immense number of external supply chain factors that can disrupt operations and pose obstacles to their path to success. From global physical conflicts to pandemics, natural disasters, trade tensions, and regulatory changes, supply chains are flooded with uncertainties. These supply chain disruptions can bury companies underneath, like the snow from an avalanche. Just as climbers anticipate and overcome avalanches, companies employ strategic planning and adaptive measures to overcome, or even completely avoid unforeseen challenges in dynamic supply chains. How do companies deal with logistic issues, such as trading routes in the ocean being disrupted? In which situations do the benefits of taking certain trade routes outweigh the risks of failing the shipment? Additionally, we live in a time where many companies are affected by geopolitical tensions. Should businesses keep operating in countries that are more prone to negative external factors? Unlock the secrets of global supply chain management by learning from experts who have navigated the hurdles and mastered the art of overcoming challenges.