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6. Use of Technology
- Technology is really important when it comes to different industry. The use of
technology can reduce supply chain cost drastically because you don't have to do it
manually per se. With manual treatment, it can take a lot of time and in worst
cases, baka magkaroon pa ng mistakesfrom ticking manually.
9. Demand Forecasting
- In forecasting demands and supplies, it can also reduce supply cost kasi with
this, it helps businesses decide around planning and budgeting the stock inventory.
With demand forecasting, makakatulong ito to prevent a business from experiencing
loss of supplies and products, especially peak seasons where customers are really
in need of a certain product.