Most companies designed their supply chains in more stable times, and these designs have now become obsolete. When demand spikes up, companies often suffer from material shortages and poor customer service. When the market suddenly lurches from boom to bust, many companies are caught with excess inventory. Product proliferation can also lead to inventory imbalances. The business can use the Internet to gain global visibility across their extended network of trading partners and help them respond quickly to changing business conditions, such as customer demand and resource availability.
Keywords
Electronic Data Interchange, Transportation, Warehouse Management Software
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