The importance of SCV cannot be overstated in today's globalized markets. Here are some key reasons:
Risk Management: SCV helps in identifying and mitigating potential risks, such as supply disruptions, quality issues, and regulatory compliance. Efficiency: By having real-time data, businesses can optimize their inventory management, reduce lead times, and streamline logistics. Customer Satisfaction: Enhanced visibility enables companies to meet delivery commitments and improve customer service. Cost Reduction: Accurate tracking and monitoring can help identify cost-saving opportunities, such as reducing excess inventory and eliminating bottlenecks.