Reference no: EM132201339
Based on your current knowledge and understanding of supply chain management, utilize the following terms to identify supply chain challenges and issues. In your response you may include current or future potential challenges and issues.
Demand planning responsiveness: The assessment of demand and strategic design to achieve maximum responsiveness to customer requirements.
Customer relationship collaboration: The development and administration of relationships with customers to facilitate strategic information sharing, joint planning, and integrated operations.
Technology: Technology is the change driver and facilitator in supply chain management that helps to improve the firm’s efficiency and effectiveness.
Product/service development launch:The participation in product service development and lean launch.
Transportation Management: Transportation is the link that unites the supply chain to deliver the products and services in a timely manner.
Supplier relationship collaboration: The development and administration of relationships with suppliers to facilitate strategic information sharing, joint planning, and integrated operation.
Supply Chain Security: Safety is paramount in supply chain. Customers expect to receive from suppliers safe and reliable products.
Reverse logistics: The return and disposition of inventories in a cost-effective and secure manner.
Talent Management: The complexity and comprehensiveness involved in supply chains require managers to be educated and talented in the subject supply chain and logistics.