Cruz, Mark Angelo U.

BSBA II A 

Research for the supply chain opportunities and challenges. Incorporate the following
guidelines in your research: 
 
 Minimum of five (5) supply chain opportunities and five (5) supply chain
challenges  
 An explain for each identified opportunity and threat or challenge  
 A brief recommendation on the relevant business action which must be
implemented to capitalize on opportunities and minimize effects of threats or
challenges.

Opportunities Description Recommendation

Wrangling Data It is frequently difficult to
the appropriate data when
you need it.
require it most.
Improving Supply Chain The most manufacturing
Measurements occurs here.
Businesses have realized
that
Supply chains could lead to
incredible value and
competitive edge, as well
as
To achieve so, it will take
competent
skills in the supply chain.
Improving Supply Chain These firms have two.
Businesses may use
sophisticated analytical and
using mathematical
methods,
for instance, data
visualization,
optimization, simulation,
and
using statistical analysis
enhance the business'
both performance
profitability.
Supply chain talent is
required
years to mature as a result
of
the depth of knowledge
required. Therefore,
Businesses must identify
the
the appropriate persons,
give
ongoing instruction and
let them study and learn
to grow, they rotate them
the supply chain's roles.
Given that the challenging
Measurements Professionals must goal is to
determine the choose the appropriate set
Doing the correct things isof KPIs
crucial. KPPs, which are truly
Performance metrics, as damage your company.
well as creating a model that
more significant Key imitates what customers
Predictors of performance. provide
chain features utilizing
specialized mathematics
coding and identification
what KPIs do they use?
The biggest impact is on
profitability.
by the utilization of
Sensitivity evaluation.
Wrangling Data It is frequently difficult to Businesses that are good
the appropriate data when will triumph in utilizing
you need it. their data.
require it most. supporting large data
possibilities and will
an advantage over them
rivals in management
supply chain for them.
Because of
to take place, they ought to
have
the control of gathering and
making decisions with data
decisions.
Conquering Supply Chain These are the components The crucial component in
Complexity of a lessening of complexity
The company's supply to comprehend your
network is value offers for the client.
goods/services, vendors, This necessitates regular
customers and business your adjustment
own operating network planning with your
nodes. aligning as well as the
supplier
your network, including
customer base.