Economy, asked by Harishhr5274, 5 months ago

What is advantage and disadvantage of food supply chain

Answers

Answered by yuvasriR
15

Advantages

1. Supply Chain Management helps to increase savings in labour and procurement costs.

2. Supply Chain Management helps to achieve better inventory control.

3. Supply Chain Management is used to get better control over suppliers.

4. Supply Chain Management can increase market visibility.

5. Chances of product failure rate can be reduced by Supply Chain Management.

Disadvantages

1. Sometimes Supply Chain Management can be very expensive to implement.

2. Competitors can easily copy the strategy of Supply Chain Management.

3. For better Supply Chain Management, proper skills and experience is required to achieve success.

4. Sometimes in Supply Chain Management various functions may be difficult to manage.

5. In Supply Chain Management there may be staff resistance

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