The document outlines several benefits that could result from improved inventory management and forecasting accuracy: 1. Having real-time inventory information available to customers and being able to more efficiently track inventory movement would allow for better forecasting and reduced costs. 2. This would help minimize expired, written-off products and reduce the amount of money tied up in inventory, freeing up funds that could be used in other areas of the company. 3. Improved communication and data sharing between purchasing, warehousing, and customers would help the company purchase inventory based on customer needs and demands.