Larry Savage Jr Alabama Talks About Factors Affecting Supply Chain
Any supply chain should ideally have a balance. A company must balance cost, inventory, and customer service in order for a supply chain to function well. However, even if a supply chain plays a significant role in our company's success, it's still important to focus on the elements that have the ability to influence your business's outcomes in unexpected ways. Here, Larry Savage Jr talks about elements that have an impact on supply chain management: Uncertainty A product chain's supply chains are impacted by many challenges, including unanticipated changes in suppliers, customers, competitors, and technology. Your company's success is also greatly influenced by the government's backing and unreliable factors from elsewhere. The expectations of the company about quality, timely delivery, competition, and the degree of competition amongst companies all affect supply chain factors. Advances In Technology Advanced technologies relate to the design of new, lightwe