Supply Chain Management Challenges
Lack of Transparency
and Cost Optimization
- Significant effort to ensure orders are accurate
- Increased cost
- Maintain status quo of declining profit
Ineffective Inventory
Management
- Significant effort to manually forecast inventory and demand
- Risk of depleted inventory
- Challenge of reducing cost by placing larger orders
- Variable supplier delivery times
Unfilled
Orders
- Reduced revenues and profits
- Increased risk of customer decline