What Challenges do Leaders Face in Managing Global Supply Chains?
Managing global supply chains comes with its own set of challenges such as:
Geopolitical risks: Trade wars, tariffs, and political instability can disrupt supply chains. Regulatory compliance: Different countries have varying regulations that need to be adhered to. Cultural differences: Misunderstandings due to cultural differences can lead to inefficiencies. Technological integration: Ensuring that different systems work seamlessly together is a significant task. Sustainability concerns: There is increasing pressure to ensure that supply chains are sustainable and ethical.