Competition has increased and price transparency is on the rise, as new sales channels emerge through social media and trends change rapidly.
Supply disruptions
Supply disruptions caused by geo-political tensions, natural disasters, and global supply chain restructuring are affecting the availability of raw materials and intermediates, creating a critical trade-off between inventory levels and service.
Considering factors
High-tech companies must take a comprehensive view of their global supply chain, considering factors such as global sourcing, taxes and duties, shipping constraints, and sustainability.
Pressure to meet SLAs
In addition to finished goods, the after-market spare parts industry is facing pressure to meet SLAs while reducing inventory levels and improving margins.