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IDC PeerScape: Supply Chain Data and Visibility — Practices for Replacing Inventory with Information

Publisher IDC
Published Jul 26, 2023
Length 8 Pages
SKU # IDC18089946

Description

IDC PeerScape: Supply Chain Data and Visibility — Practices for Replacing Inventory with Information


This IDC PeerScape showcases how Lenovo, LCFC (Hefei) Electronics (LCFC), and Inspur Information have improved their supply chain visibility as well as outlines best practices to emulate. These practices will help organizations become more resilient, stay ahead of the market, and successfully navigate disruptions."An increased supply chain visibility can reduce inventory levels. Given the current pressures to adjust to economic pressures while maintaining supply chain agility, investing in the right technology is urgent to drive visibility, ensure correct inventory placement, and support business continuity. With real-time insights, organizations can make informed business decisions to drive better performance and improved customer service levels," says Rani Ratna, Senior Research Manager, IDC Asia/Pacific Manufacturing Insights.

Please Note: Extended description available upon request.

Table of Contents

8 Pages
IDC PeerScape Figure
Executive Summary
Peer Insights
Practice 1: Leverage Supply Chain Visibility to Reduce Inventory and Improve Operational Efficiency
Challenge
Example
Guidance
Practice 2: Collaborate with Suppliers and Customers and Enable Information Sharing Across the Value Chain
Challenge
Example
Guidance
Practice 3: Build and Operationalize Intelligence in Inventory Control to Manage Order and Demand Complexity
Challenge
Example
Guidance
How Do Licenses Work?
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