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Source: Gartner Supply Chain Executive Conference. P&G knew that it needed to improve its S&OP forecast quality, while reducing the human effort and inventory needed to meet customer service levels. In their worlds, cash is king and inventory is only viewed as a financial measure.
And while each market can be unique, we found a few repeating themes in our own experience and from sources including Gartner and our customers Procter and Gamble (P&G) and Cipla Medpro. Not knowing how much inventory is at each location. Supply chain planning in emerging markets is different. Here’s what we found: 1.
To anticipate and respond to high customer demand, a modern Transportation Management System (TMS) needs to optimize inventory allocation. By consolidating at the source, several shipments can be combined into one, thereby reducing the number of shipments even before the shipments arrive at the Logistics Service Provider (LSP).
However, there must be consensus within the organisation about definitions and the right source of information for important reports. Supply Chain Media and consultancy firm Involvation have developed this checklist to provide insight into the added value and the potential of your current S&OP process. Anticipate. Libyan Arab Jamahiriya.
Besides Germany , Greece , Lithuania , Malta , Ireland and the Netherlands experienced quarter on quarter GDP declines. Inventory will be a key concern as CFO ’s continue to monitor working capital efficiencies, erosion of margins or expected declines in economic growth. pharmaceutical companies cutting back on production.
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