Energy Magazine April 2020 | Page 25

SOLVING THE OVERSTOCK PROBLEM
25 the virtual world . This reduces a company ’ s reliance on road testing its new processes and it also helps them to better predict and manage efficiencies .
SOLVING THE OVERSTOCK PROBLEM
One big cause of supply chain emissions is overstocking , which takes up valuable space in warehouses and leads to increased waste . Retailers can minimise this problem by improving forecasting capabilities using virtual project management solutions . This enables retailers to anticipate demand

“ One big cause of supply chain emissions is overstocking , which takes up valuable space in warehouses and leads to increased waste ” www . energydigital . com