Open AccessA COMPREHENSIVE REVIEW OF SUPPLY CHAIN UNCERTAINTY
Author(s) -
Wenhao Wang
Publication year - 2019
Publication title -
proceedings of business and economic studies
Language(s) - English
Resource type - Journals
eISSN - 2209-265X
pISSN - 2209-2641
DOI - 10.26689/pbes.v2i4.816
Subject(s) - supply chain , supply chain risk management , service management , risk analysis (engineering) , business , production (economics) , industrial organization , supply chain management , customer satisfaction , demand chain , process management , competitive advantage , marketing , operations management , computer science , microeconomics , economics
Proper management of the supply chain is a critical factor in a competitive and dynamic business environment. A supply chain consists of every single link starting with the transformation of consumer needs to use products which are then redirected back to the clients. As a result, a smooth transition of operations is critical in the supply chain. Uncertainty at any of the links in the supply chain can cause delays and blockage which might affect the general performance of the output of the chain. Consequently, it is necessary to direct the different factors liable for the supply chain. Subsequently, appropriate planning and dealing with uncertainties will translate to better arranging right from the level of production to timely distribution and eventually a greater customer satisfaction.