What are some of the challenges when it comes to supply change innovation? Explain.
Expert Answer
The following are the challenges for supply chain innovation:
1. The advanced technology would be a major challenge to supply chain innovation, as where the whole system and process of supply chain changes.
2. Training needs to be provided for the employees on supply chain innovation and that would be a challenge on employee adapting towards the change.
3. Risk on tracking the resources and that would be a challenge towards demand planning.
4. Financial risk is a challenge, as where that cannot predict on the real
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