If there’s one factor that’s integral to an organization’s success, it’s balance: ensuring you are efficiently meeting customer demand without accelerating carrying costs or confronting a shortage on the supply end. This requires consistently staying on top of materials inventory and schedule while moving the process seamlessly from purchase to production.
But all that’s easier said than done, particularly when process data becomes overdue and cluttered, when functions and departments are siloed and set their own objectives, and when integration falls apart because there are disparate sources of truth.
As a result, all too many organizations end up chasing their tail across the supply chain, overlooking business value opportunities. There is a better way: embracing one sources of truth and truly understanding how to read and solve exceptions to improve process efficiencies and cost.