Supply chains today are in survival mode. Amid all the chaos, though, they need to get a clear idea of the challenges they’re facing.
A simple assessment of the current situation won’t suffice. Companies need to look back at mistakes they made in the past that rendered them vulnerable to the current crisis. Then they have to understand the obstacles that stand in the way of correcting those mistakes, and facing the uncertainties of the future. On this episode, we review five key challenges that supply-chain leaders must address in the coming year, with the help of Glenn Jones, group vice president of product strategy with software and digital platform provider Blume Global. We’ll discuss problems in transportation and inventory management, as well as outdated financial processes that are hampering companies’ ability to make best use of limited working capital, and mitigate risk. Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.
A blog post from Blume Global: “What Are the Main Supply Chain Challenges?”
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