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What is Altera about?

The economic downturn left many tech companies with excess inventory. Altera, a chipmaker, was forced to write-down $115 million in inventory. To address this, Altera modified its strategy to build products only after receiving customer orders rather than building to stock. This increases lead times for customers but reduces risk for Altera. Altera also collaborates with suppliers and customers through IT systems to improve forecasting and flexibility.

Author

ankitmiddha1

Language

EN