What are your strategic plans for the year 2020 for your supply chain?

The year is very young and fresh, What are your logistics and supply chain strategies you are thinking about for your organization? You may jot down many goals and objectives to achieve within this year which should not be based on bear rock nevertheless on proper formulated strategic plans of your business.

What should be the basis of your answer to this question as a supply chain leader in any given organization for this year 2020?

The following are the key fundamental aspects of this industry to pay attention to the year 2020;

1. Creativity and innovation in all logistics and supply chain processes and procedures.

2. Making sure you understand and take care of both customers and your employees' needs

3. Exerting more efforts to ensure you analyze the possible external environment forces which possibly are likely to pose challenges to your logistics and supply chain operations and the overall business this year

The logistics and supply chain industry has been very competitive for the past five years.

Different key players have tried to offer their services in an innovative and creative manner many firms have tried to put a distinction between the services they offer and their competitor by trying as much as possible to embrace new technological advancement as far as this industry is concerned so that they can stand and compete strongly in the market.

Therefore, it implies that the year 2020 the competition will still remain and grow even stiffer. The questions ringing in my head is not even how the firm will deliver smarter than its competitors nevertheless how we will be running ahead of the technological advancements the logistics and supply chain industry is experiencing.

What is your expectation for this year? Following the challenges, your logistics and supply chain industry hustles you have gone through what lessons your organization has gained and how your organization is prepared to face the stiff competition in the industry?