What Are the Common Challenges in Supply Chain Efficiency?
Several challenges can hinder supply chain efficiency, including:
- Demand Variability: Fluctuating customer demands can make it hard to maintain optimal inventory levels. - Supplier Reliability: Dependence on unreliable suppliers can lead to delays and increased costs. - Complex Logistics: Managing the logistics of moving goods through various stages can be complex and costly. - Regulatory Compliance: Adhering to different regulations across regions can complicate supply chain processes.