Question
Visibility, Traceability, Data management, and Supplier relations used to be the biggest challenges facing supply chain professionals. However, over the last 15 months, uncontrollable factors
Visibility, Traceability, Data management, and Supplier relations used to be the biggest challenges facing supply chain professionals. However, over the last 15 months, uncontrollable factors like COVID-19 have merged with technological evolutions to create a number of new supply chain dynamics. In this context please answer the following questions:
1. Discuss the relationship between service level, uncertainty, safety stock, and order quantity. How can trade-offs between these elements be made
2. Discuss and the role warehouses play in your logistics in the context of the growth of e-commerce and digital transformation.
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