Problem 1: In the past three to four years after the outbreak of the corona virus and the eventual COVID-19 global pandemic, some companies have struggled to produce sufficient quantities of certain products to meet demand, for example, the auto industry, causing the spike in the price of pre-owned and new vehicles.
Problem 2: Part of the problem points to some challenges in the supply chain. Identify and explain any four of such challenges since the outbreak of the pandemic, which have impacted supply chain management during the said period.
Problem 3: List and explain any three (3) strategies that have been utilized (or can be utilized) to overcome the supply chain challenges you have described in (a) above. How effective are the strategies you identified and what is the current trend in the auto market?