[SupplyChainBrain] Overproduction, Waste Account for $163 Billion in Annual Inventory Losses

“Blockchain investment will see the single biggest leap — 97% of companies surveyed said they plan to invest in this area within five years (compared to 12% today).”

From the SupplyChainBrain article

Overproduction is an issue many companies have but few sufficiently budget or have a solid plan to address. When a company produces too much, the effects are seen in both their sustainability reporting and their profits.

As with all supply chain issues, resolution comes from better data, and better data only comes from better track-and-trace solutions.