(Figure: Predicting Supply Shifts) The shift from S1 to S2 might be caused by an increase in 
Definitions:
Local Responsiveness
The ability of a company or organization to tailor its products, services, and operations to meet the specific needs of local markets.
Cost Advantage
The benefit or saving realized from lower production or operational expenses compared to competitors.
Globalization
The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness of the world's economies, cultures, and populations.
Operations Strategy
A long-term, strategic plan for optimizing operations, resources, and supply chain management to achieve the business goals and objectives.
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