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Global supply chains have become increasingly complex and interconnected, making them highly vulnerable to a wide range of risks such as natural disasters, geopolitical tensions, pandemics, and logistical disruptions. These risks can severely impact retail operations by causing delays, increasing costs, reducing product availability, and ultimately affecting customer satisfaction. For instance, events like earthquakes, floods, or port blockages can interrupt the flow of goods, while trade wars and regulatory changes can lead to sudden shifts in sourcing strategies and pricing structures. As retailers often rely on global sourcing to minimize costs and maximize variety, any disruption in one part of the chain can create ripple effects across the entire system. The impact of global supply chain risks is particularly significant in retail because of the sector’s dependence on timely delivery, inventory turnover, and demand responsiveness. Stockouts caused by delays can lead to lost sales _________ __________ __________ ___ _______.
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