Sanjay Sharma is CEO of Roambee, a supply chain visibility & intelligence provider enabling delivery of shipments and assets anywhere in the world.
What are today’s biggest supply chain challenges?
One of the biggest challenges is the lack of visibility and transparency. In today’s globalised economy, most supply chains involve multiple stakeholders from different geographic locations, which can make it difficult to monitor the entire process.
Another common challenge is the optimisation of supply chain processes. Many companies struggle to strike a balance between keeping inventory costs low and meeting customer demands in a timely manner. This can result in excess inventory or stock-outs, which can significantly impact the bottom line.
Additionally, the increasing pressure to meet sustainability goals presents another challenge. Many companies are now looking to adopt more sustainable practices, such as reducing carbon emissions, using eco-friendly packaging, and implementing circular supply chain models. However, achieving these goals can be complex and requires significant investments in technology, infrastructure, and partnerships.
How to make C-suiters aware of supply chain importance?
To…
