Ignoring

supplier performance levels

Increasing

inventory storage indefinitely

Implementing

lean supply chain processes and local sourcing

Sourcing

from distant suppliers

Combining

production and marketing strategies

Focusing

only on reducing storage costs

Replacing

suppliers with in-house production

Coordinating

suppliers, warehouses, and transport to achieve seamless product flow

Promotional

campaigns

Economic

fluctuations

Consistent

and predictable customer ordering

Seasonal

changes in consumer demand

Using

advanced demand forecasting and flexible supply chains

Relying

only on historical data without updates

Maintaining

fixed production regardless of demand

Ignoring

market signals

Too

many employees in warehouses

Excess

marketing channels

Unlimited

supplier capacity

Demand

volatility and uncertainty

Cost

of collecting information only

Relevance,

accuracy, and timeliness of data

Popularity

of the data source

Whether

competitors use the same information

Employee

performance reviews

Price

regulation by government

Demand

forecasting and inventory management

Increasing

advertising expenditure only

Packaging

design only

Inventory

management and order fulfilment

Corporate

social responsibility

Labour

relations management

Industry

magazines

Academic

research articles

Government

trade reports

Customer

order data from company systems

Provide

direct, real-time company data

Replace

the need for primary data collection

Guarantee

100% accuracy in forecasting

Offer

historical, research-based, or published data for decision support