What is a supply chain?
The supply chain is the beginning-to-end process of getting products or materials to their final destination.
What are the major supply chain issues?
The three critical challenges facing global supply chains: labor shortages, equipment availability, and the ripple effect of global bottlenecks. how companies are navigating a climate of persistent unpredictability.
Top Global Supply Chain Risks
- Political and Government Changes.
- Economic Instability.
- Environmental Risks. .
- Catastrophes. …
- Connectivity. …
- Cyber Attacks. …
- Data Integrity and Quality.
It’s 2022, and the supply chain crisis continues to buckle under the strain of the continuing pandemic, geopolitical conflict, and economic uncertainty. Shortages have defined the struggles of businesses during the last two years.
Because of hoarding and panic buying, stores didn’t have enough inventory to put up on shelves. In addition, many retailers didn’t have the online infrastructure to transition digitally.
Future Of Supply Chain: Challenges, Trends & Tips for 2022.Ashley Brown
Study: Supply chain crisis to continue through 2023.
