Most of us know the frustration of going to the supermarket and finding the exact ingredient you need is out of stock.

Determining appropriate inventory levels is one of the most important and most challenging tasks faced by supply chain managers. If you carry too much inventory, you tie up money in working capital and risk writing off perishable goods; if you don’t carry enough inventory, you face stockouts.

We know that software is a major enabler in the digital transformation process. Whether you are in the early stages of your journey or are focused on continuously refining and improving your business, sometimes the solutions implemented are complex and fall outside the sphere of accountability of your existing IT or engineering teams.