Effective demand planning does not have to be an exact science. This research helps supply chain leaders responsible for demand planning establish a range planning capability that provides demand plans that are accurate enough to support scenario planning in their S&OP process.
Supplementing a core SCP platform with additional SCP and analytics capabilities can digitalize the supply chain and improve plan quality, but it carries risks. Supply chain leaders must preemptively initiate actions to mitigate these risks associated with expanding their technology portfolio.
"Inventory is the proxy for information. The less information you have about demand and supply, the more inventory you need to buffer against the uncertainty. If you are running SAP ERP today, then you have the full transactional history of your material movements. If this information resides in...
"Finding the right balance between meeting vendor restrictions and relieving excess inventory in your network is crucial to optimizing production and inventory"
In part one we outlined the approach, construct and key attributes around building a business case to support supply chain technology investments. In part two we will dive into the details of a sound business case that will compel action from the decision makers.
