Best Practices in Demand and Inventory Planning for Chemical Companies

The lack of good supply chain coordination can lead to frequent changes in production schedules, expedited transfers and shipments in distribution, excessive stock-outs, erratic levels of customer service, lack of visibility into future demand, and inventory in the wrong place and at the wrong time. The right mix of strategy, education, and systems can have a very high impact on a manufacturer's overall operations—and ultimately its bottom line.