Pandemic stay-at-home measures prompted consumers to increasingly invest in their homes. Demand for everything from electronics to furniture to household appliances skyrocketed, leaving many companies scrambling to keep up.
This block-and-tackle approach isn’t sustainable long term. The good news is that, going forward, you can leverage resilient approaches to:
- Better predict market volatility to keep up with changing consumer needs
- Remain competitive with added flexibility to respond quickly to supply variability
- Balance supply and demand with manufacturing plans that respect all constraints
- Optimize inventory to minimize cost, reduce risk and meet customer service levels