Question

What area of supply chain management do you expect to grow the most in the US over the next 20 years? Why do you suppose it will increase the most?

Answer 1

I believe that the logistical capabilities of the supply chain systems would have the most concentrated change in the next twenty years when we consider the aspect of supply chain management. We can say that the fact that logistical capabilities present the most favorable opportunities for the company in terms of value when it comes to competition can allow us to understand the need to further develop it in terms of efficiency and robustness in order to deal with the factors of change, value proposition and providing strategic support to the business models that would be followed in the future. Change is inevitable, competition is an ever-increasing factor and the businesses have already started recognizing the necessity of having a personalized logistical channel in order for them to create value for the customer. It can already be seen through Amazon's introduction of Amazon Prime delivery which allows the customer 1-day delivery capabilities. Considering their service model, we can say that it has provided Amazon with a new value proposition in the market, which has as much implication over the success of their market position as pricing and customer service interaction. We can say that having a well developed supply chain process requires having a robust logistics support and the complexity and capital investment required as well as the need to be able to create a process which is well optimized can allow us the ability to create the necessary values for the company and therefore has the most promising rate of being able to be developed in the coming years.

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