What do think are the three biggest challenges facing today's supply chains?
What do think are the three biggest challenges facing today's supply chains? In its April 2022 insights on overcoming global supply chain challenges, McKinsey & Company reports “three critical challenges facing global supply chains: labor shortages, equipment availability, and the ripple effect of global bottlenecks.” Volatility caused by the Ukraine-Russia war and natural disasters are other ...
What is the biggest supply chain problem?
1. Long lead times and materials shortages. Supply chains have been overextended for quite some time. Bottlenecks at ports around the world were a problem before the pandemic, and lockdowns compounded the problem so severely that they're still not fully resolved.