supply chain process

Inventory Management and Optimization Research- APAC Derivative

Published: 08/March/2023

Reading time: 1 mins

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Key Takeaways

⇨ Inventory management challenges and supply chain risks are growing exponentially as businesses try to manage the complexities presented by globalization.

⇨ SAPinsider surveyed businesses and supply chain professionals within the SAP technology community on inventory management and optimization aspects from September 2022 to November 2022. Twenty-five percent of respondents to the survey were from the APAC region.

⇨ APAC respondents are more focused on building agility and efficieny as compared to the global view, which placer a higher emphasis on resiliency.

Inventory management challenges and supply chain risks are growing exponentially as businesses try to manage the complexities presented by globalization. These challenges surface in unprecedented fluctuations in demand and supply, inventory policies and delivery systems diversity, and geopolitical and regulatory changes. These have only intensified during the pandemic. Unsurprisingly, in SAPinsiders’s recent research, Supply Chain Planning in The Cloud, inventory management and optimization emerged as the key focus area for organizations for the next two years. SAPinsider surveyed businesses and supply chain professionals within the SAPinsider community on inventory management and optimization aspects from September 2022 to November 2022. Since 25 percent of respondents to the survey were from the APAC region, we decided to explore the insights from this region separately.

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