Based on Example $3\mathrm{.}2($grey block$)$ in the prescribed book, $8$th edition, answer the following question. What is a significant challenge Cotton On might face when shifting to local purchasing and supply following global supply chain disruptions?

Ensuring that local suppliers can meet the same quality and volume standards as the previous international suppliers.

Local suppliers are more likely to have advanced technology and innovative practices compared to international suppliers.

The transition to local suppliers will result in a significant increase in the complexity of logistics and distribution.

Local suppliers are less likely to be affected by global economic fluctuations and market trends