Truck Driver Question:
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Please explain what Are The Main Supply Chain Challenges Companies Face Today?
Answer:
The five big challenges that companies face today is
☛ Ignoring the continued growth of e-commerce as a channel in the industrial sector
☛ No attention to the potential risk like volatile transportation costs
☛ Over expectation that supply chain management technologies will fix everything
☛ Over-reliance on past performance to predict future sales
☛ Increase complexity added to supply chain operations with implementation of unnecessary technologies
☛ Lack of understanding of the full capacities of suppliers and service
☛ Ignoring the continued growth of e-commerce as a channel in the industrial sector
☛ No attention to the potential risk like volatile transportation costs
☛ Over expectation that supply chain management technologies will fix everything
☛ Over-reliance on past performance to predict future sales
☛ Increase complexity added to supply chain operations with implementation of unnecessary technologies
☛ Lack of understanding of the full capacities of suppliers and service
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