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By,Gheethu Maria Joy
MBA FT
Opportunities , Challenges And Future
Of Supply Chain Management
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Supply Chain
Management
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Challenges
1. Customer Service
2. Cost Control
3. Planning and Risk Management
4. Supplier / Partner Relationship
Management
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Challenges
5. Talent6. Globalization7. Globalization of Manufacturing Operations8. Safety and Quality Products9. Shorter lead time , less inventory and better throughput
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Challenges
10. Access to latest Technology
11. Increased Regulatory Mandates
12. Supplier Base Consolidation
13. Too Much Product Complexity
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Challenges
14. Too Much Slow – Moving and obsolete
Inventory
15. Supply Chain Consideration Not Part Of
Product Design
16. No Supply Chain Strategy
17. Ineffective Matching Of Supply With
Demand
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Challenges
18. Supply Chain Visibility
19. Increasing Customer Demand
20. Poor Coordination
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Opportunities
1. Players Taking The “First – Mover Advantage”
2. Emergence Of India As A Retail Sourcing Hub
3. Increasing Technology Adoption4. Online Retailing5. Forecasting
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Opportunities
6. Fulfillment
7. Purchasing
8. Storage And Distribution
9. Customer Service
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Opportunities
10. SCM Enterprise Applications
11. Logistics
12. PLM
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Opportunities
13. Procurement
14. Supply chain operations consulting
15. Supply chain opportunities in retail
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Future 1.Real-time Predictive Forecasting2. Business Intelligence3. On-Demand Service4. Pervasive Networking5. Electronic Markets
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Future
6. Smarter Software
7. Next Generation Collaborative IT
Infrastructure
8. Artificial Intelligence
9. Innovations
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Future
10. On-Demand supply chain:11. Banking and telecom infrastructure:12. Real-time data mining13. Customer supply chain hosting14. Supply chain optimization objects15. What if scenarios
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Future 16. Customer Relationship Forecasting
17. Flexibility
18. Near shoring
19. Multi-channel sourcing
20. End-to-end visibility