Part 3/8:
Geopolitical and Unpredictable Disruptions
Beyond natural disasters, supply chains face threats from geopolitical tensions, terrorism, and accidents like fires or factory breakdowns. These disruptions highlight the importance of not only geographic diversification but also strategic planning to safeguard operations against unpredictable events. Establishing multiple manufacturing locations, ideally closer to end consumers, is another tactic to enhance responsiveness and reduce delivery times.