How Can you Overcome Them?

Supply Chain Management is one of the more unpredictable professions

out there and there is a diverse range of challenges the industry faces.
However, the most significant areas that require attention are:
 Inadequacy in Managing Unprecedented Delays — Delays are
but a part of supply chains since there are many variable factors in
play. But there are counter-strategies that companies can implement
to avoid frequent delays. Using warehouse management software
can help keep track of the timelines of delivery, shortage in stocks,
and scheduled arrivals of shipments. In this manner, a company can
time arrivals and deliveries so any replenishing can be done before
stocks run out.
 Failing to Keep up with the Fast-Changing Market — There’s no
way around changing times. The best a company can do is
encourage more flexibility in its operations and use logistics
management software to adapt to the fast-changing world.
 Inadequate Steps Being taken to Manage Risks — Investing in
logistics management can help stay on top of disruptions in
management. With risks, preparation is key.
 Increased Costs — Financial qualms have resulted in increased
rates of raw materials and goods. For this reason, the entire supply
chain suffers. A company needs to have strict cost control measures
in place to combat these issues. More efficiency should be promoted
in warehouse and logistics management. 
 Lack of Solutions to Improve Customer Service Quality —
Customizability is the need of the hour. To provide quality services
to customers, businesses should join hands with new and emerging
technologies. 
 Shortage of Skilled Personnel — Thanks to COVID, there is an
increased requirement of individuals in supply chain management.
This has also led to an increase in the market value of people
working in this field. A lot of people now are keen to pursue a career
in the supply chain industry. It is not without reason though. Supply chain
management makes for a lucrative career option with regards to the advancement
opportunities it offers and the wide range of industries that are looking to hire. This includes
retail, transportation, food and beverages, healthcare, hospitality, and Information
Technology, to name a few.
Order management software lets you orchestrate your entire fulfillment network with
powerful core capabilities and next-level options.
 IBM Sterling Order Management 
Supply chain transparency
Find out why 800,000 trading partners trust IBM for partner network connectivity with
market-leading AI and blockchain capabilities.
 IBM Sterling Supply Chain Business Network 

Supply chain visibility

IBM Sterling Supply Chain Insights is an AI-enabled solution that delivers real-time
intelligence to optimize supply chain performance by quickly correlating data from siloed
systems, capturing organizational knowledge and creating digital playbooks.
 IBM Sterling Supply Chain Insights with Watson 

Blockchain for food supply

Join an ecosystem of producers, suppliers, manufacturers, retailers and others creating a
smarter, safer and more sustainable food system for all.
 IBM Food Trust 

Supply chain for retail

Optimize your retail supply chain with the ability to respond to trends at any scale.
 Retail supply chain 

Container logistics
Transform your container logistics by freeing it from traditional data systems, manual
document handling and poor visibility.
 Tradelens