In my opinion, a Model Registry is very important for managing ML workflows, especially as teams move from experimentation to production, because it provides a structured way to version models, track experiments, and manage lifecycle stages like development, staging, and production in a controlled and reproducible manner. It improves collaboration by giving teams a single source of truth for model artifacts and metadata, and it makes deployment, monitoring, and rollback much more reliable and efficient. However, teams may face challenges such as integrating the registry with existing data pipelines and tools, maintaining proper governance and metadata quality, and handling access control and versioning at scale. There can also be a learning curve in standardizing workflows across teams and ensuring consistent usage. Overall, while it adds some operational complexity, a Model Registry becomes essential for scaling ML systems in a reliable, organized, and production-ready way.