Starting a supply chain from scratch can feel like building an airplane while flying it. Whether you’re launching a new business, scaling production, or simply trying to organize suppliers and logistics, roadblocks will appear—and that’s perfectly normal. Here are the most common supply chain challenges and how you can overcome them without losing momentum. 1. Lack of Supply Chain Visibility If you can't see what's happening across your suppliers, inventory, and deliveries, you're reacting—not planning. Visibility is essential for preventing disruptions. Solution: • Use simple inventory or SCM tools to gain real-time insights. • Standardize communication with vendors and carriers. • Build relationships to supplement data with real-world feedback. 2. Inaccurate Demand Forecasting Guessing demand leads to stockouts or excess inventory—both costly errors, especially early on. Solution: • Start with short-term rolling forecasts and adjust weekly. • Launch pilot batche...
Small businesses are often the first to be disrupted by technology. With new technologies, it is easier for small businesses to grow and develop, but they must be careful not to get left behind by the competition. The supply chain management is one of the most important factors that determine how a company performs in the market. It helps a company stay competitive and relevant in an ever-changing world. What is Supply Chain Management? Supply chain management is the process of planning, organizing and controlling the flow of materials, information and funds between business entities involved in producing goods or providing services. The main purpose of supply chain management is to ensure that goods or services reach the customer in a timely manner with the highest possible quality while minimizing costs. A good supply chain management will help small businesses increase efficiency and profits while staying competitive in their industry. The Foundational Supply C...