Question

Name at least 7 challenges of a NYS manufacturing corporation managing a global supply chain?

Answer 1

The challenges of a NYS manufacturing corporation managing a global supply chain include-

1. Different political systems
Managing a global supply chain means interacting with different political systems of countries which is challenging indeed. Political instability in certain countries affects the business of manufacturing corporations,

2. Meeting regulatory requirements
Strict rules and regulations, corruption , bureaucracy by many government authorities in different countries poses a difficulty in managing the supply chain with restrictions.

3. Managing infrastructure reliability and changing technology
With updation in technological advancement almost everyday it is becomes difficult for the manufacturing corporations to keep them up to date. Also maintaining warehouses and inventory control in different nations is challenge that leads to increase cost.

4. Various demographic profiles of people
Dealing with different suppliers having different languages is also challenge

5. Limited availability of expertise
Lack of qualified personnel who is not fully aware of duties and responsibilities causes an additional problem

6. Different sets of ethics and culture of the people involved in supply chain who have different ways of doing business which generally do not integrate with the culture NYS manufacturing corporations.

7.Unforeseen Delays due to distance , different time zones, shipping problems or any uncertain even in the supply chain.