As a Supply Chain Management major, my target job in the future would also be related to this field. In the recent years the world has seen a lot of unprecedented problems following the break out of COVID-19. The field of Supply Chain has especially been challenged by lockdowns, shifts in demand, congested supply in ports and unstable labor. Decision making processes could help companies through these tough times. It step by step helps you recognize the problem, find alternatives, list potential outcomes and payoffs and to select a suitable model to implement. Lastly a decision tree could be produced to clearly see all of the decisions possible and its payoffs. By having a clear visualization of possible decisions managerial level personal could make better informed decisions based on it. Another useful analysis to battle with the unstable market would be to use quantitative analysis tools such as forecasting. This is a tool that uses historical data to forecast future sales and demand with mathematical formulas. This could be a very crucial and important analysis tool used in the future jobs because of the unpredictable market. Forecasts should be carefully looked at and altered at any time to meet the demand. In result, this would help companies make better decisions along with decision making process models to make the most competitive profitable choices.

Question: After reading the opinion above, what is your response? What may be some risks or drawbacks? Please be detailed in your opinion.