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Expiring Raw Materials

Identify raw materials that are expiring within the next month.
Identify raw materials that are expiring within the next month.

Reduce Costs

Reduce Costs

INDUSTRY

Cosmetics

Food & Beverage

BUSINESS FUNCTION

Procurement

Supply Chain

Problem

Raw materials expiring soon can lead to waste and increased costs if not utilized promptly.

Insight

Several raw materials in inventory are identified as expiring within the next month, necessitating prompt action to minimize waste and associated costs.

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Impact

Proactive management of materials nearing expiration can significantly reduce waste and associated costs, while also ensuring optimal resource utilization.