How do you mitigate risks associated with overreliance on a single transportation mode for your supply chain?
In today's global economy, a well-oiled supply chain is the backbone of a successful business. However, relying too heavily on a single mode of transportation can be a risky gamble. Overreliance can lead to disruptions due to unexpected events such as natural disasters, strikes, or geopolitical tensions. Diversifying your transportation options can provide a buffer against such risks, ensuring that your products continue to move smoothly from point A to point B. Understanding how to mitigate these risks is crucial for maintaining a resilient supply chain.