Common Issues Facing Logistics and Supply Chain Management
It’s well known that there are supply chain issues throughout many industries. Learn about common issues facing logistics and supply chain management.
No matter the shape or size of your business, or the industry you’re in, your business success depends on your ability to get everything where it needs to go, on time. However, this is easier said than done.
Years-long supply chain issues continue to plague American businesses in 2023. Delays, shortages, and red tape continue to hold virtually all industries back. So, what can you do about it?
By understanding the most common issues in logistics and supply chain management, you can begin to fine-tune your value chain to overcome them. Here are the most common supply and logistics issues you need to be aware of.
Geographic Risk
In manufacturing today, all supply chains are global to some extent. You need your parts from one part of the world, and you need to ship products to another.
One of the hottest topics in supply chain management right now is location, location, location.
If one part of the world has an economic crisis or political disruption, your supply chain can fall apart. This is why “de-risking” and “friend-shoring” are currently reshaping supply chains everywhere.
Logjams
Following the pandemic, supply chains and manufacturing roared back to life.
In the race to make up for lost time, ports across the world suffered huge traffic jams, leading to backlogs that are still being cleared in 2023. One key tenet of logistics is your company’s ability to avoid getting stock held up in a port.
The right expertise can help you out here, as will contracts that take this into account and can compensate for it.
Lack of Personnel
Even in a high-tech world, distribution depends on people. Your business needs competent and skilled inventory managers and warehouse staff.
It needs delivery people and countless other experts that keep your supply chain ticking. Companies of all stripes are facing severe recruitment challenges right now.
By teaming up with a dedicated manufacturing recruitment agency, you can find the people you need, when you need them.
Outdated Technology
Digital technology has revolutionized logistics. Fleet management software, docking automation, and internet-of-things (IoT) systems at ports are enabling many companies to overcome both age-old and emerging challenges.
If your technology is out-of-date or out-of-step with that used by your suppliers, communication can break down. As we all know, communication is key to a fluid and smooth supply chain.
Investing in a technology update today could save you huge amounts of money now and in the future.
Find the Right People For Your Logistics and Supply Chain Management
Supply chain issues are easing around the world, but not fast enough for many businesses.
If you want to ensure a thriving manufacturing operation, you need the people that can hold your supply chain together. For this, we have got you covered.
We can connect you with the ideal logistics and supply chain management personnel for your operation. Get in touch to find out exactly what we can do for you.
