Title: The Disadvantages of Global Supply Chain Management | Bizfluent
Headings: The Disadvantages of Global Supply Chain Management
The Disadvantages of Global Supply Chain Management
TL;DR (Too Long; Didn't Read)
Political, Economic and Environmental Instability
Different Standards and Regulations
Language and Communication Barriers
Harder Supply Chain Planning
Financial Disadvantages of Logistics Management

Content: Harder Supply Chain Planning
From facing challenges finding the right global suppliers to accounting for the risks and uncertainties planning your supply chain, managers can expect to need a higher level of expertise to successfully manage a global supply chain. You'll need to perform careful analysis when considering global business partners so that you get the best supply chain response time and pricing. Not only must you consider potential delays due to issues beyond your control but your planning also has to include factors like the time needed to clear customs and variations in the responsiveness of suppliers and transporters to changing demand. Financial Disadvantages of Logistics Management
The disadvantages of logistics management globally also include the financial impact it can have on your company. While your company might choose a global supply chain to benefit from lower production costs and boost your profits, you also have to consider the extra competition you gain, and you might find you need to lower your prices more to compete. In both buying and selling, you also have to prepare to handle working with different currencies, which will come with risks when currency fluctuations happen. Global supply chain management also comes with more complexities when it comes to securing financing and working with different payment systems. References
Trade Ready: What Are the Biggest Challenges of Managing Global Supply Chains? Carter Logistics: