(3-4 min read)
The need to safeguard supply chain against today’s world of uncertainties, be it political or natural has never been so significant. In such scenario, one of the most important decisions that most supply chains need to take is whether to prebuild the stock and carry excess inventory, or rather plan ahead of the time if there is any additional production required. Each of the options has its own pros and cons. However, what is important is to have the right visibility in terms of volumes and costs to enable effective decisions. In the following blog, let us take a view on how this information could be derived using the power of technology.
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