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Managing inventory in an unpredictable economy is a delicate balancing act

from Zebra Enterprise Solutions via SupplyChainBrain

As the economy struggles with a slow and unpredictable recovery, consumer and business spending behavior is anything but predictable. As companies look to maintain their bottom line without creating excess waste, gauging how much to increase production to meet market demands without creating excess inventory is becoming a more complex task. In fact, a recent study by IDC Manufacturing revealed that there is currently $900 billion of waste in global manufacturing supply chains. In order to successfully navigate this "gray" period, manufacturers need to optimize supply chain operations and manage the issue of excess inventory. more

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