Supply chain management is an essential part of business success. How well a company manages this process can directly translate into increased revenues.
COVID Has disrupted supply chains around the world. But they’ve also been a vital lifeline to support the response, keeping essential supplies like food and other key necessities flowing where they’re needed most. There’s no doubt that the pandemic has tested the ingenuity, resilience and flexibility of supply chain globally.
In this episode, we discuss with Cait Gillespie what supply chain management involves, why it’s so important, the Challenges and Disruptions, how the Increasing commodity prices are raising the cost of raw materials, the higher labor costs from suppliers and manufacturers, the complex international logistics, transfer and management of products.