Supply Chain Planning
LogisticsDefinition
Supply Chain Planning involves the processes that optimize the flow of goods, services, and information across the supply chain.
Detailed Description
Supply Chain Planning is a critical aspect of logistics that involves ensuring that the flow of goods, services, and information through a supply chain is efficient and effective. This encompasses a wide range of activities that coordinate different parts of the supply chain, including sourcing, production, and distribution, to meet customer demand while minimizing costs and maximizing responsiveness. It often involves the use of various tools and methods to forecast demand, manage inventories, and plan logistics operations.
Key Features
- Capacity Planning
- Demand Forecasting
- Inventory Management
- Production Scheduling
- Supply Chain Optimization
Common Modules
Demand Planning
Modules focused on predicting future customer demand to optimize supply chain processes.
Inventory Management
Modules that help manage inventory levels across multiple locations to meet service level requirements.
Production Planning
Modules that assist in planning manufacturing processes and resources.
Popular Implementations
ABC Manufacturing's Supply Chain Planning System
The implementation of a comprehensive supply chain planning solution that allowed ABC Manufacturing to reduce lead times and costs by better synchronizing supply chain activities.