One of the major challenges of supply chain management is forward buying. maintaining the visibility of inventory at acceptable levels at all times. building safety-stock inventory storage bins. pushing inventory back to vendors.

Question

Marcel Callahan

Business

6 March, 15:13

One of the major challenges of supply chain management is forward buying. maintaining the visibility of inventory at acceptable levels at all times. building safety-stock inventory storage bins. pushing inventory back to vendors.

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Answers (2)

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Hugh Palmer · Answer 1

One of the major challenges of supply chain management is maintaining the visibility of inventory at acceptable levels at all times.

Explanation:

Inventory visibility is the extent to which an organization is able to track and monitor its inventory along every aspect of its supply chain.

Tracking inventory levels manually in an organization takes up time and resources. This is why organizations should automate the inventory tracking process by investing in the necessary software to increase speed and efficiency across the supply chain.

Isabella Harper · Answer 2

The correct answer is letter "B": maintaining the visibility of inventory at acceptable levels at all times.

Explanation:

Inventory visibility refers to know exactly where the inventory is in the manufacturing process of the supply chain at all times. This is not an easy task since goods are constantly being moved from one place to the other in the supply chain. However, it is important to keep good control over the inflow and outflow of the inventory so the company's internal records can reflect the real flow of the goods.