Some companies feel like a fish out of water when it comes to inventory optimisation.
How do you ensure that you have enough stock to meet demand?
How can you ensure your stock decision is based on a reliable forecast?
How do you get complete transparency over your inventory?
Well, we’re going to let the cat out of the bag…
6 Challenges that supply chain directors need to overcome
As a nation of pet-lovers, demand for pet food and accessories continues to soar.
However, with volatile supply, spiralling costs & rapidly evolving market conditions, businesses in this space have their work cut out for them.
Supply chain directors must address 6 key pain points:
Only looking backwards = constantly incorrect forecasts
No exception management = total loss of efficiency
Costs tied up in the worn inventory = poor stock turn
Reliant on spreadsheets = high risk & zero robustness
Excess stock = high risk of obsolescence
Stockouts = lost sales