Strategies for Supply Chain Resiliency: Collaboration on Demand
Forecasting and managing demand for perishable goods can be a major challenge.
Using the right data analytics tools can help by identifying customer behavior, tracking the quantity and quality of products coming in, and enabling collaboration with suppliers.
Read more in this infographic from SAS.
What are the unique challenges in the grocery supply chain?
The grocery supply chain faces unique challenges due to the nature of perishable goods, fluctuating prices, multiple vendors, and distinct consumer behaviors. These factors require careful tracking of consumer shopping journeys and accurate demand forecasting.
How can collaboration improve supply chain efficiency?
Collaboration among grocers, produce providers, and consumer packaged goods (CPG) suppliers is essential for improving demand prediction and minimizing waste. By sharing actual sales data and insights, partners can better align their operations and respond to consumer needs.
Why is situational awareness important in supply chain management?
Situational awareness allows businesses to understand their supply chain partners' risks and dynamics. By leveraging data and analytics, companies can better anticipate disruptions, optimize responses, and enhance overall supply chain resilience.
Sign in with LinkedIn