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Contemporary Logistics_Week 11 Discussion

Contemporary Logistics_Week 11 Discussion

Q International logistics present unique risk factors that must be identified and mitigated. To augment this week's course material, do your own research on specific aspects of risk that the supply manager must deal with directly related to International Logistics. Identify at least three risk factors and discuss some of the issues involved with the mitigation/management of those factors.

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? Increasing competition: With the growing competition, several rivals are there who are arriving with similar concepts in the global market. The businesses’ number internationally functioning is also big because of the huge international markets. The affecting rivals in number rise by which overall operations of the business and capability is affected by the organization in a direct manner. There is decrease in the overall margins of profit when tough rivalry is there in the same field in which the company is functioning. It is needed to emphasize on better strategy of promotion to compete with other rivals.