Alexa

SUPPLY CHAIN MANAGEMENT

Experts are certain that supply chain will never go back to “Normal”

Experts are certain that supply chain will never go back to “Normal”
The Siliconreview
23 May, 2022

Buffer stock will help us keep the operations running smoothly, and this is crucial as population demographics are changing

One of the major news trends globally is the fact that almost every country has managed to move on from the global pandemic, and the supply chain is all set to return to a normal state soon. Unfortunately, that’s not how things have changed. The world has now managed to change permanently, and supply chains are all set to face new challenges for decades. In the coming decade, the supply chain is expected to become highly volatile, and it is threatening to be disruptive for the same period. We should understand that the supply chain can function without any hiccups only when all the countries are stable and peaceful.

Buffer stock will help us keep the operations running smoothly, and this is crucial as population demographics are changing. The supply chain has already become a playground for VCs, and companies around the world are continuously making investments to mitigate supply chain challenges. Only advanced technologies can save retailers from higher energy costs, strained relationships, tightening supplies, and heightened geopolitical risks. Anyone who has remained in the supply chain segment for a long time can vouch for the fact that the supply chain has always been disruptive, and various factors have affected the way the supply chain operated since the beginning of trade.