Best practices to optimize your supply chain
Review your processes, refine and classify your inventory to optimize your supply chain.
Supply chains have become more complex to support globalization and the increase in customer demands. Customers often place complex orders, expect shorter lead times and want tailored experiences.
To successfully deliver the right amount of inventory to consistently meet demand, you need full visibility of your supply chain so you can focus on the processes that need attention. With ongoing disruptions across supply chains, you should actively review your data and adjust your inventory planning where necessary.
- Review your suppliers by following best practices to ensure you forecast accurately and plan for longer lead times.
- Refine your inventory Key Performance Indicators (KPIs) to improve the overall visibility of your inventory holding and fill rate.
- Classify your stocked items to focus on inventory that will create the most value for your business to drive sales.
In this eBook, we outline three critical best practices to help you meet demand, remain competitive and increase profits for your company.
