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Operation Management

Operation Management — page 150 of 318

Supply Chain Risk and Disruption Here are the key challenges in supply chain management within the hotel industry. ●Variable demand of the hotel industry is a key challenge as it makes it difficult to have a uniformity in the SCM processes. Cancellations and external factors add to the trouble. ●Product lifecycle traceability is a key challenge leading to additional wastage. ●New competition and emerging markets can disrupt existing supply chain leading to new players. ●Due to a lot of products leading to numerous suppliers, supplier performance can be a key challenge leading to unnecessary disruptions in supply chain management.