Supply Chain Management Issues and its Resolutions

The fact that worldwide business experts and practitioners are becoming more aware of the industry's fast development and negative environmental and social repercussions is a matter of interest to the readers. As a result, global societies are focusing on manufacturing and expansion techniques that foster resilience in the existing and upcoming marketplaces. The focus on low-cost supply networks to manage costs has magnified the impact of even minor disruptions at any step of the chain. Firm resilience is the company's capacity to be aware of supply chain disruptions, adapt and respond quickly to changes brought about by a supply chain disruption, and recover and return to a state of normalcy. Supply chain procedures have always been the backbone of any company and have been susceptible to uncertainties and risks that have a direct influence on the performance of the organization. Companies currently face intense competition, pushing managers to study creative applications to improve quality while reducing costs and decreasing lead times. Managers have to adopt numerous measures to overcome and mitigate any unanticipated issues that may damage strategic objectives. Since a consequence, it is essential to place a greater emphasis on supplier selection and evaluation, as this may lower rejection rates, costs, and time-to-market while improving product quality. This book gives insight into some of the internationally significant themes and includes examples in the form of brief research studies on supply chain management difficulties and their solutions.