Supply chain and procurement professionals face numerous challenges, including increased workloads, scrutiny, and spending mandates. Recent research from Gartner identifies the top six resource constraints and offers solutions to overcome them.
The survey of 143 supply chain leaders reveals that the most common constraints include access to labor, fixed or limited capacity, excessive energy costs, labor fatigue, raw material availability, and greenhouse gas emission reductions.
To combat these issues, Gartner recommends accessing labor more effectively through partnerships and training programs.
Additionally, addressing fixed or limited capacity with technology and process improvements can help. Reducing excessive energy costs through sustainable practices and energy-efficient solutions is also crucial.
Furthermore, combating labor fatigue by prioritizing employee well-being and flexible work arrangements can improve productivity. Ensuring raw material availability through diversified suppliers and just-in-time inventory management can also mitigate risks.
Achieving greenhouse gas emission reductions through sustainable practices and renewable energy investments can help businesses meet their sustainability goals.
By implementing these strategies, businesses can overcome supply chain constraints and set themselves up for long-term success.
Source: Supply Chain Management Review
