Supply Chain thoughts
Collating some of my thoughts on retail and supply chain in general in the form of a question and answer. 1. The challenges in supply chain space in the recent years particularly in Multi Brand Retail where business model completely revolve around effective Supply Chain Solutions. Demand volatility is the biggest challenge. Demand for essential items grew so much that manufacturers were not able keep up with the demand. Demand is going like viral videos, something becomes famous all of a sudden and retailers are under pressure to supply it fastest to the doors of the consumers. Upstream supply fluctuations, economic downturns, natural disasters, ever changing customer demands will continue to be challenges in multi brand retail. 2. How technology is transforming the Supply chain Canvass during these years of Digital Transformation. Block chain is bringing more transparency to responsible sourcing. The challenge is every body from manufacturer to consumer need to adopt to it before