McKinsey February 9, 2022
Global distribution issues and increasingly complex supply chains are forcing companies to modernize the tools they use for forecasting demand and planning how to meet it.
Companies have to modernize their supply chains. That was obvious even before congested ports and parts and labor shortages began to snarl supply chains at the start of the COVID-19 pandemic two years ago.
Companies’ ability to forecast demand and determine how to meet it has been further challenged by supply chains’ increasingly global scope. And supply-chain leaders haven’t done themselves any favors by clinging to manual systems and antiquated software, including one widely used...
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