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Global supply chain risks have become increasingly significant in retail supply chain management due to the growing interconnectedness of markets, dependence on international suppliers, and complexity of logistics networks. Events such as natural disasters, geopolitical tensions, pandemics, and shipping disruptions can severely impact the flow of goods, leading to stockouts, increased costs, and reduced customer satisfaction. For retailers, even a minor disruption in one part of the global supply chain can create a ripple effect, often referred to as the “bullwhip effect,” amplifying inefficiencies across the entire system. Natural disasters like earthquakes, floods, or hurricanes can halt production in supplier regions and damage transportation infrastructure, delaying shipments. Trade wars and political instability can lead to sudden changes in tariffs, import restrictions, or sanctions, which disrupt sourcing strategies and increase procurement costs. Similarly, blockages in critical shipping ________ ____ ____ ______ _______ ____ ________ __________.
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