Best Practices in Demand and Inventory Planning for Chemical Companies

Overview:

It's a classic scenario in chemical manufacturing- struggling to coordinate the opinions of sales with manufacturing and supply chain initiatives on what, when, and where products should be produced. The lack of supply chain coordination can lead to frequent changes in production schedules, expedited shipments, excessive stock outs, poor customer service levels, lack of visibility into future demand, inventory in the wrong place and at the wrong time, and erosion of your margins.