what are the major sources of uncertaintly that can affect t
what are the major sources of uncertaintly that can affect the value of supply chain?
what are the major sources of uncertaintly that can affect the value of supply chain?
what are the major sources of uncertaintly that can affect the value of supply chain?
Solution
The major sources of uncertainty are fluctuations in demand and price. These may vary for a number of reasons; Porter’s five forces model suggests that the presence or absence of substitute goods and services, the threat of existing competitors, of new competitors and the bargaining power of customers will affect a company’s existing product. Prices may fluctuate according to supply and demand, changes in tariffs and exchange rates, and inflation.
