The challenge: tame supply chain complexity while managing costs
Manufacturers' customers are becoming more demanding every day. They want the perfect order: accurate paperwork delivered electronically, a 100% order fill rate, and on-time delivery. And if that isn't enough, they need it at the lowest possible cost.
It takes a finely tuned supply chain to meet these expectations. Companies must manage complex variables including procurement, manufacturing, inventory, fulfillment, and transportation. Add in trade-offs between capital investments, operating expenses, cycle times, and capacity, and the scale of the challenge is clear.
But successful manufacturers must rise to this challenge. They must exceed customer expectations with a slick supply chain network that coordinates demand planning, inventory control, supplier inventory management, and logistics.