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" ... 2. Avoid ordering an insufficient quantity of product or raw material and losing out on sales due to stockout or production delays. ... "
" ... For specialty care, Ipsen only has two manufacturing sites. As a plant faced downtime, the company used RapidResponse to understand the demand situation. They needed to understand which nation was potentially exposed to a stockout. There was visibility to the inventory at rest in storage locations and in transit. This allowed the manufacturing sites to focus manufacturing efforts with pinpoint accuracy on products for markets where inventory levels were weaker or where volatility was higher. “Really,” Mr. Stephens exclaimed, “we had quite heroic people in our manufacturing and supply teams.” The company has experienced no stockouts during the pandemic! ... "