To forecast, or not to forecast, that is the Supply Chain Question

Supply chain

The total amount of stuff shuffled around the world is truly dizzying. And everything produced based on a wrong forecast can only become waste. There are more than $2 trillion of inventory in the United States alone, $2.04 trillion last time I checked — $2,040 billions. And that is just the United States, a country that tracks figures closely. Keep in mind the US is a service-driven economy, and a fraction of global GDP anyways.

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