In recent years, global supply chains have been under significant pressure, with disruptions caused by everything from the COVID-19 pandemic to geopolitical tensions. Shipping delays, shortages of raw materials, and increased costs for logistics have become recurring challenges for import/export businesses.
To overcome these challenges, businesses should consider diversifying their supplier base to avoid relying on a single source for materials. Additionally, working with multiple logistics providers can help mitigate risks related to shipping delays. Implementing real-time tracking systems for shipments and adopting just-in-time inventory management can help businesses remain responsive to market changes. Collaborating with a mix of regional suppliers and distributors also provides backup options in the case of unexpected disruptions.