Title: 5 Supply Chain Disruptions & Mitigation Tactics | IndustryStar Solutions
Headings: 5 Major Supply Chain Disruptions & How to Reduce Their Impact
5 Major Supply Chain Disruptions & How to Reduce Their Impact
5 Major Supply Chain Disruptions & How to Reduce Their Impact
1. Natural Disasters
2. Transportation Failure
3. Geopolitical Instability
4. Price Hikes
5. Cyber Attacks

Content: Every supplier that shuts down because of a natural disaster causes major disruption to each one of its customers’ supply chains. Mitigation Tactic: Global Diversity
It’s becoming easier for supply chain professionals to access broader, more diverse networks of potential suppliers. Tapping into this potential supplier network and selecting backups in different geographic regions is a great way to protect against natural disaster risk, ensuring that your primary and backup suppliers are far enough apart where one natural disaster wouldn’t affect both of them. Additionally, make sure contingency plans account for global diversity when it comes to supply chain components such as distribution centers and transportation routes. If a natural disaster were to affect these things, distribution networks should be set up to easily move items through varying global regions. 2. Transportation Failure
Cargo theft, regulation changes, shipping damage, weather, and traffic delays are some examples of potential supply chain disruptions in transportation. New logistics and transportation service providers enter the market each year, creating a more competitive landscape by driving down costs, but unfortunately also driving up risks. Mitigation Tactic: