To determine the potential impact of sharing demand and inventory data, APQC compared the logistics performance of organizations that have and have not adopted this practice. The responses indicate a mix of positive and negative results associated with the practice that call into question how organizations use their access to real-time demand and inventory data.
Increased information visibility is a goal for many organizations. For the supply chain, many organizations look to the sharing of real-time, electronic demand and inventory levels for greater visibility, which can lead to better inventory levels and shorter order processing times.
APQC’s Open Standards Benchmarking in logistics reveals that a little over half of responding organizations (58%) have made real-time demand and inventory data available to the enterprise. Of these respondents, 31% have adopted the practice to some degree and 27% have adopted the practice extensively.
To determine the potential impact of sharing demand and inventory data, APQC compared the logistics performance of organizations that have and have not adopted this practice. The responses indicate a mix of positive and negative results associated with the practice that call into question how organizations use their access to real-time demand and inventory data.
