SOE minister Erick explained a number of challenges for the logistics industry in facing global competition. According
Question:
SOE minister Erick explained a number of challenges for the logistics industry in facing global competition. According to Erick, there are three challenges for the logistics industry. First, global supply chain vulnerabilities such as container shortages and shipping delays are now starting to be felt. The logistics industry faces many challenges and obstacles, regarding the vulnerabilities of global supply chains that are now being felt. the second challenge is global trade pressure due to the implementation of a number of protectionist policies, trade wars, and increased taxes. "This is also very influential because we are also asked for our raw materials, our natural resources to be sent abroad as much as possible. That is something we must balance," said Erick. Erick said that his party was not anti-foreign. However, it is important to ensure the target market for domestic economic growth. The third challenge is the global shock after the pandemic that reduced demand for a number of industrial raw material commodities, industrial finished products, to imported and exported goods. According to Erick, commodity prices are currently getting higher and this needs to be anticipated so that the country is ready to face the shock. Erick also reminded that the country's logistics costs are still relatively high when compared to other countries.
- According to the Minister of SOEs, there are three main challenges for the logistics industry in facing global competition. Regarding the first challenge, what theory of supply chain management do you think is relevant to overcome this challenge? Briefly explain the theory
- Regarding the second challenge, what theory of supply chain management do you think is relevant to overcome this challenge? Briefly explain the theory
- Regarding the third challenge, what theory of supply chain management do you think is relevant to overcome this challenge? Briefly explain the theory
- If you become a Supply Chain Manager in one of the company, how will you overcome these three challenges?