Paper Title
Challenges Faced by the Supply Chain Management Industry this Decade

Abstract
A number of challenges are going to hit supply chain management in the upcoming decade, and companies have to be prepared in advance in order to maintain robust and efficient operations. According to experts, the largest challenges about to be posed to SCM include a lack of labor, stricter environmental laws, global crises, and increased complexity of international networks. This involves the invention of advanced technologies and innovative thinking in management for stable yet flexible supply chain operations. The sector is facing significant problems, thereby underlining the need for strategic management in consideration of these problems. Supply chain management is among the industries facing considerable problems this decade, therefore requiring strategic solutions to maintain efficiency and flexibility.At the very top of the list are labor shortage, more stringent environmental regulations, data management, crises at a global level, and ever-increasing complexities in global networks. Operational costs could no longer be controlled with adaptation to advanced technologies and increased demands on transparency and sustainability for this industry. The more digital the supply chains, the greater has been cybersecurity as an increasing concern