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Materials management in today’s scenario faces a range of complex issues and challenges, particularly as global supply chains become more interconnected and customer expectations for speed and reliability increase. One of the foremost challenges is demand variability, which makes accurate forecasting difficult and can lead to overstocking or stockouts. Rapid changes in market trends, influenced by technology and consumer behavior, exacerbate this problem, requiring agile inventory planning and frequent adjustments to procurement strategies. Another major challenge is supply chain disruption, caused by factors such as geopolitical tensions, natural disasters, and pandemics. These ____ ____ _______ ___ ______ _______ ___ ____ __________.
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