Challenges in SCM can range from disruptions due to natural disasters to geopolitical issues. Effective leaders can address these challenges by:
Building Resilience: Developing robust contingency plans and diversifying suppliers to minimize risks. Investing in Training: Ensuring that the team is well-trained to handle new technologies and processes. Enhancing Flexibility: Creating a flexible supply chain that can quickly adapt to changes. Fostering Strong Relationships: Building strong relationships with suppliers and partners for better collaboration.