What Are Some Problems Associated With Supply Chains

What Are Some Problems Associated With Supply Chains

What Are Some Problems Associated With Supply Chains

oboloo’s Glossary

Procurement is the method of obtaining goods and services for an organization through a systematic process. But it’s not always plain sailing – there are many issues associated with supply chains that can have a negative effect on procurement performance. These problems include: increased complexity from global sourcing; delays in receiving products; costly mistakes due to manual processes; lack of transparency into the supply chain; and difficulty managing changing customer needs. Engaging stakeholders, leveraging technology, and utilizing data-driven decisions can all help mitigate the challenges posed by supply chains and ensure successful procurement operations.