Determining the accurate amount of inventory is a practiced art. It is a waltz between ever changing customer behavior and supply uncertainty that leaders like you must master to protect & grow your business in 2020.
As we know, excess inventory is intricately linked to reduced profits, warehouse inefficiencies and added storage costs.
In the post-COVID world volatility and inaccuracy in B2B customers’ demand forecasts has become the new normal. Last year, these forces threatened to disrupt the operations of a market leader in Hi-Tech manufacturing with a widespread global supply chain. Faced with the challenge of excess inventory the manufacturer reached out to us.