Supply Chain Problem The network that moves products from suppliers to consumer & Involves multiple stages: Sourcing, Product, Logistics and Distribution. Key Challenge 1) Disruptions: Natural disaster, Pandemics, Political instability. 2) Complexity: Multiple stakeholders, Regulations and Processes. 3) Transparency: Lack of visibility across the supply chain COVID-19 Pandemics 1) Factory Shutdown 2) Border Closures 3) Shipping Delays 4) Increased costs Conclusion The trade supply chain faces significant challenges. By leveraging technology, Diversification, and collaboration, companies can build more resilient supply chains.
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