The Challenge of Supply Chain Uncertainty
Supply chain management involves a multitude of activities, from production planning to inventory optimization. Each step is susceptible to various uncertainties, including:
Dynamic Fluctuations: Sudden changes in demand and supply due to external factors like economic shifts, regulations, or customer trends.
Interdependence and Complexity: Modern supply chains are intricate networks where a minor disruption in one area can have a domino effect on the entire system.