Question: When forecasting, inventory control, and supply chain strategy are misaligned, they can create inefficiencies and suboptimal performance. For instance, inaccurate forecasting can lead to excess
When forecasting, inventory control, and supply chain strategy are misaligned, they can create inefficiencies and suboptimal performance. For instance, inaccurate forecasting can lead to excess inventory or stockouts, which can negatively impact customer satisfaction and increase costs. Similarly, poor inventory control can lead to stockouts or excess inventory, which can disrupt supply chain operations and increase costs.
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