Forecast Errors Reports That Mistrust and Communication Breakdown in Supply Chain Is Dangerous
The recent Forecast Errors newsletter discussed building trust in supply chain is essential. Lack of collaboration is often the cornerstone of conflicts, blame, and mistrust between a manufacturer and suppliers. These communication breakdowns lead to finger-pointing when forecast errors and disputes arise. The manufacturer contends the supplier did not acknowledge the material purchase orders or ship on-time as promised. The supplier argues that the purchase order was not received or duplicated or rejected or went missing-in-action. Accusations result in ill-will,...
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