How can businesses cultivate a resilient supply chain in the face of climate change and globalization challenges?

ANSWER: Businesses can foster resilient supply chains by diversifying suppliers, investing in local sourcing to minimize transport risks, and employing real-time data tracking to anticipate disruptions. Prioritizing sustainability strengthens resilience against climate change impacts. Strategic stockpiling and flexible logistics plans enable quick adaptation to unforeseen global events. Building partnerships with suppliers committed to resilience and engaging in continuous risk assessments further ensure a robust supply chain against climate and globalization challenges.