The COVID-19 outbreak has been a tragedy for humanity. Amongst its many impacts is the global economy and the global supply chain. The impact of the pandemic will extend to companies’ supply chain operations and their ability to service their customers for years to come.
To achieve an optimized supply chain, many factors have to come together to reach the inventory “perfect storm” and achieve organizational efficiency. One of the most important factors is inventory accuracy, or the ability to know exactly where inventory is at all times, whether it’s in the warehouse, in the field or at remote locations.