Manufacturing today is fraught with uncertainties in the supply chain due to a variety of global issues, including weather and exchange rates. You can counter supply problems with “safety stock.” But this extra inventory goes against the rules of an efficient lean environment. How can you stay demand driven, without a supply snafu? Find out how an information management system can help forecast your supply chain needs.
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Change, Uncertainty, Variability, Chaos... call it what you will, but it is certain that the dramatic shifts in demand, supply, costs, availability of materials, energy, market conditions, interest rates, geopolitical issues, green initiatives, etc. that have emerged in recent years will continue, and likely get more volatile. Therefore, it is essential that companies irst understand the impact external changes have on their operations, plans and competitiveness, and then proactively prepare themselves