This is a comprehensive planning process that can encompass sourcing materials, manufacturing, inventory storage and management, distribution, and more. Through supply planning, companies analyze forecasts for demand, as well as a company’s capacity to meet demand, and then create a plan that will supply product in the optimal way. Overall, through supply planning, companies attempt to balance supply and demand in a way that meets business goals.
CSS consultants can recommend and implement solutions to align enterprise demand and supply, giving you high visibility across the entire value chain. This allows your team to make faster, better planning decisions in real time. Effective supply planning allows companies to reduce inventory levels and planning cycle times. Contact us for supply planning solutions.
The ultimate goal of a supply chain is to get products to your customers in the most efficient and cost effective way. They range from fairly simple, straightforward ones to global supply chains that are quite complex. At the heart of any supply chain is customer demand, with companies needing to analyze data to determine what products customers want to purchase, when, and in what quantities. Companies then manage sourcing, manufacturing, vendor relationships, inventory, storage, distribution, and more, with the goal being to have the optimal amount of inventory delivered at the right time and places to effectively meet demand.
Enterprises need high visibility into their entire supply chains, with the ability to use analytics to optimize their operations.
S&OP refers to sales and operations planning, a process that aligns supply and demand to provide quality service to customers while managing inventory costs. More specifically, this process involves demand planning that includes insights from the sales team and accounts for, as just one example, upcoming promotions. Once demand and sales/revenue projections are made, supply chain planning can take place to determine how to meet projected demand.
This information allows sales executives to set goals for team members and to monitor how closely sales are matching expectations. Monitoring and reporting play a key role, with real-time visibility allowing companies to more nimbly adapt to market conditions. Experienced CSS supply chain consultants can implement exactly the right Oracle solutions.
Integrated business planning (IBP) is a comprehensive form of business planning that takes the components of sales and operation planning (S&OP) and then applies them throughout the enterprise’s entire supply chain. With effective IBP, a company can seamlessly align its resources, from people to inventory, and its time and money, to provide customers what they need, when they need it.
To successfully create an integrated business plan, an enterprise needs high visibility into its operations, including the entire supply chain, in real time. Strong alignment and integration must exist between supply and demand; local, regional, national and global teams; customers and suppliers; and so forth.
Choosing the right technology is crucial for IBP—so contact CSS consultants today.
Effective supply chains are really sets of people, locations, distribution choices, and more, strategically connected to maximize cost efficiency and facilitate quality service when delivering products to customers. These chains can become quite complex with intricate, interdependent connections—and successful enterprise supply chains must also be flexible and nimble when responding to changing demand, market conditions, and more.
In today’s fast-paced, highly competitive world, visibility into the entire supply chain is crucial for effective planning, and that’s where Oracle solutions, implemented by the experienced team at CSS, play a key role. Enterprises benefit from holistic solutions with gaps appropriately filled in with Cloud components and/or third-party systems to provide comprehensive visibility needed for supply chain planning.
Demand planning involves planning for customer demand, while supply planning focuses on managing inventory to meet that demand. Demand planning consists of forecasting how many customers will want each of your products; companies may look at seasonal data from the previous year, current sales, upcoming promotions, and more to project demand figures. The more that patterns can be identified and analyzed, the more closely demand can typically be estimated.
Supply planning consists of analyzing materials sourcing, manufacturing, inventory metrics, distribution channels and more, with the goal being to efficiently supply enough for customer demand without having too much excess inventory in storage. CSS implements value chain planning solutions that provide high visibility. Contact us today!