Question

Examine the impact of Global Supply Chain risks. Discuss how a retailer can build a "Resilient Supply Chain" to handle unexpected disruptions like natural disasters, trade wars, or shipping lane blockages. Provide strategies for risk mitigation.

24 Mar 2026
Answer :
Word Count : 531
Global supply chain risks have become a critical concern for retailers, as disruptions in one part of the world can quickly cascade and affect operations globally. Factors such as natural disasters, geopolitical tensions, trade wars, pandemics, and blockages in major shipping lanes can severely impact product availability, lead times, and cost structures. For a retailer, these risks can translate into stockouts, lost sales, decreased customer satisfaction, and reputational damage. Moreover, the interconnected nature of modern supply chains means that vulnerabilities in suppliers, logistics partners, or manufacturing hubs can have far-reaching consequences, emphasizing the need for proactive risk management. To build a resilient supply chain, retailers must ____ ______ ______ _____ ___ _______ ______ ______ _______ ______.
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