Question 1. Discuss in an essay the impacts of the ongoing Russia-Ukraine war on logistics and supply chains around the world. Show the impact on real companies and provide data/evidence to support your argument(at least 700 words). 5 pages
Question 2. Discuss in an essay the impact of one among different issues on Supply Chain Management. (at least
700 words – 5 pages). The topic to discuss:
– The impact of the “increasing minimum wage” trend (in the U.S.) on LSCM
Answer preview
Such barriers create additional complexities and uncertainties for companies engaged in global trade, impacting their supply chain planning, sourcing strategies, and market access. The fourth impact of the war is the increased geopolitical uncertainty and risks. This has made companies operating in different countries grapple with the unpredictability of the situation, making it difficult to plan and make informed business decisions (Orhan, 2022). Supply chain disruptions caused by the political instability between the two countries, Russia and Ukraine, have led to inventory shortages, higher costs, and decreased customer satisfaction. Higher costs
