Causes Of Supply Chain Management: Risks Construed In The Supply Chain (Research Paper Sample)

SUPPLY CHAIN CHALLENGES Name: Institution: Date of submission: PROFESSORS NAME: Supply chain management is the incorporation of businesses services through with the process from the end users through the original vendors through providing products, services and information that adds significance to the clients. Herein, supply chain management involves ware housing, inventory management, distribution and transport, material management and manufacturing Thus in an effective supply chain system the demand should be equivalent to the supply in order to minimize competitive cost for instance the issue on delayed deliveries. However, there are various challenges that are construed in an attempt to satisfy the client's needs during service and products' delivery. RISKS CONSTRUED IN THE SUPPLY CHAIN According to CITATION Mit12 \l 1033 (Miti Garg and Sumeet Gupta, 2012) operational risk can occur as a result of the management believe that they run a very vigorous and capable supply chain in that it can maintain the audit boxes, this might pause a major threat to the company, the core process are not laid into consideration when making the various substantive decision on the cost. Therefore, there should be a way to eliminate the various threats that are likely to affect the supply chain. Another cause of the supply chain risk as conceded by CITATION Chr16 \l 1033 (Christopher, Martin, 2016) is the geological convolutions is another threat that brings about supply chain risk in that the place of delivery might be highly inaccessible therefore, this is likely to make deliveries to customers and clients difficult and at times the deliveries might be impossible. Ineffective planning is another risk that is likely to occur in many company where the demand of the product and the services is not in tandem with the requirements due to the variance of demands of various products in the market. POSSIBLE CAUSES OF SUPPLY CHAIN RISK Gupta, S., Agawam, T., Jain, P., Jaisinghani, D. and Rathi, R., 2012 denoted that the risks that faced the supply chain were as a result of the various causes that spearheaded the amalgamations of the risks, therein, the causes were decision on the facility locations whereby the managers ought to make very staunch decisions that are likely to impact positively on their products and services. There were other factors that also caused the risks, the relational quality may also spearhead the risks in supply chain since the producers are to understand and try to cater for the needs of the customer in order to meet the requirements to suit the clients' interest. Transport system also plays a key role whereby the products and services intended for the clients are not delivered in time due to vitiating factors like heavy losses in case of accidents, time for the delivery maybe long, the increasing competitive costs that is evident across the globe and the variations in the mode of currency. The causes of risk in supply chain management can cause various impacts that may affect the...