supply chain risks

Supply chain risks refer to potential problems that can disrupt the smooth flow of goods and materials from production to customers. These risks include delays caused by transportation issues, natural disasters, or supplier problems; shortages of key components; cost fluctuations; geopolitical conflicts; and cyber-attacks. Such disruptions can lead to late deliveries, increased costs, and inventory shortages, affecting a company's ability to meet customer demands. Managing supply chain risks involves identifying vulnerabilities, diversifying suppliers, and developing contingency plans to ensure consistent, reliable operations.