Learn why effective materials management is key to achieving OTIF targets.
Lack of data visibility into materials management across the external supply chain can have serious ramifications for both FMCG enterprises as well as their external partners such as contract packagers and manufacturers. The inability to access material-related data quickly, combined with short order lead times and sudden order adjustments, leave little room for corrective action when it is needed the most.
To combat these challenges and successfully navigate the disruptive forces in today’s supply chain world, it is imperative to leverage technologically mature materials management capabilities throughout the external supply chain, supported by real-time visibility and predictive tools.
This playbook, produced jointly with Industry Dive, outlines the challenges associated with managing materials in the external supply chain, as well as recommended solutions.
