Final answer:
Lack of supply chain integration can result in increased working capital requirements, longer cycle times, and higher operational costs, all of which were demonstrated during the COVID-19 pandemic. Measures such as technological advancements and improved transportation methods are vital for remedying these issues.
Step-by-step explanation:
All of the following are repercussions of lack of supply chain integration except:
- Working capital requirements increasing
- Cycle times lengthening
- Operational costs increasing
- None of these; all are repercussions of lack of supply chain integration
Lack of supply chain integration can lead to several negative outcomes, including increased working capital requirements, as companies need to keep more inventory on hand due to uncertainties in supply. Cycle times may lengthen because of delays in receiving materials or shipping products, leading to inefficiencies. Furthermore, operational costs can rise due to these inefficiencies, as well as the need to manage a more complex and less predictable supply chain.
During the COVID-19 pandemic, the disruption of supply chains resulted in businesses facing challenges such as a slowdown in production and increased product prices due to delayed transportation of both products and raw materials necessary to maintain market stability. Economic instability has further exacerbated these issues. Technological advancements, improved transportation methods, and protective labor policies are essential to remedying supply chain issues.