Title: What Are the Main Supply Chain Challenges? | Blume Global
Headings: What Are the Main Supply Chain Challenges?
What Are the Main Supply Chain Challenges?
Increased Costs Throughout the Supply Chain
Supply Chain Complexity Due to Multiple Channels to Market
Consumer Demands Drive Need for Improved Speed, Quality and Service
Risk in the Supply Chain Creates Pressure
The Impact of Supply Chain Volatility
Other Demands on the Supply Chain

Content: Supply chain managers must develop contingencies and mitigating action plans to prioritize and eliminate risks and manage issues when they occur. The Impact of Supply Chain Volatility
Volatility and complexity don’t just create problems at a specific point in the supply chain, instead the impact can ripple throughout the entire infrastructure. Supply chain managers must deal with these issues promptly before they create delays, backlogs, bottlenecks and other issues. Political circumstances and protectionism are introducing tariffs across trade routes that results in additional fees, delays and increased customs processing time. This means slower international shipping and the ability for competitors in different countries to take advantage of lower tariffs. Increasing volumes of internationally-sourced goods are driving up port congestion. This creates additional pressures as ships, trucks and trains need to wait to load, unload and transfer products. These issues are exacerbated as port authorities and operators charge organizations to store goods at the port. An ongoing, chronic shortage of long-haul drivers is creating major issues with trucking capacity, leading to delays when transporting goods across countries. The pressures on the role of the truck driver is making it a less attractive profession, and logistics providers are finding it more difficult to attract and retain the right people.