WHAT are their CHALLENGES in Operation and Technology ?

Every company has their own challenge to maintain in the industry.







The challenge currently faced by the company regarding its operation is rising costs. The company’s costs have risen because the cost of fuel, labor, and other operating expenses has been rising steadily in recent years, putting pressure on shipping company profits.






 

The challenge currently faced by OAL company regarding its technology is to keep up to date with the new technology. This is because the new circulation of technology involves costs that are higher than their financial abilities. It has become compulsory for the company to keep up with the latest trends and developments to remain competitive. The best way that the company can take is renewing annually their company’s technology.




Next, the challenge faced by the company is data security. The company deals with many customers, so they must collect and store the data, such as customer information and financial data. This is because the data cannot be spread to the public and the company can be sued because of their misconduct. The risk that the company also faces is cyberattacks and other security threats.




Other than that, the company also has challenges with compliance. The country has different regulations that must be followed for their import and export process. It includes those related to data privacy, financial reporting, and environmental protection. These can be complex activities and time-consuming tasks.


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