article thumbnail

Considerations for Expanding Your Supply Chain to New Countries!

Supply Chain Game Changer

These challenges come with risks to your business that can end in lost revenue, unnecessary expenses, and wasted resources if not handled properly. Machine learning and advanced algorithms reduce the need for regional experts, and instead, collect data from a multitude of sources in order to produce warnings about potential risks.

article thumbnail

SCM Map Europe: European location decisions remain complex

Supply Chain Movement

To arrive at optimal European supply chains it is crucial to consider shifts in economic growth, currency fluctuations and tax reductions in addition to production and distribution costs. The logos illustrate the manufacturers’ choices about whether or not to produce close to their sales markets. Production and distribution.

Europe 60