Issue in supply chain and logistics« Back to Questions List

This is in reply to the issue raised by Mr. V where he talks about challenge of getting real time data across the supply chain. You are requested to call Mr. Vivek in Holisol for a solution. Holisol has the solution for this.

A major challenge is the availability of real time information/data across one’s overall supply chain, especially when there are multiple stakeholders and multiple IT tools involved.

Key Challenges for Supply chain in India are

1. Inadequate Infrastructure
2. Suboptimal network planning
3. The slow speed of technology adoption
4. Scarcity of human talent.

Taxation is one of the impediments to proper planning. With GST implemented a step has been taken in right direction which shall bring in efficiency, however, the roll out and Tech challenges has made it temporarily complex. It would take a few years to settle down so that businesses can get the right benefit but till then this would be a challenge as well.

Lack of planning keeping changing business model and future growth is also an area of concern.

Owing to these key challenges and concerns Supply chain cost in India is 4-5% higher than the cost in developed economies.

The first and foremost is understanding why and how your supply chain can adapt and help in the growth of your organisation. The biggest challenge is supply chain in mostborganisation is traditional whereas the company wants to be a morden one.