PLANNING FOR THE FUTURE
The nature of today's business world is subject to numerous turbulences. Under these conditions, supply chains need to be planned more effectively to achieve the required performance. As the volatility of export markets and the domestic market increases, it becomes increasingly difficult not only to make sales forecasts but also to maintain optimum inventory levels and meet cost targets. There is a growing need for inter-departmental collaboration and joint planning, such as aligning sales targets with production capacity or procurement goals with warehouse constraints.
PLANNING FOR THE FUTURE
The nature of today's business world is subject to numerous turbulences. Under these conditions, supply chains need to be planned more effectively to achieve the required performance. As the volatility of export markets and the domestic market increases, it becomes increasingly difficult not only to make sales forecasts but also to maintain optimum inventory levels and meet cost targets. There is a growing need for inter-departmental collaboration and joint planning, such as aligning sales targets with production capacity or procurement goals with warehouse constraints.
A Systemic Perspective Must Be Provided!
External and internal collaboration is required to exist in target markets, and as a result, appropriate IT tools to balance supply and demand, tailored to the company's specific needs, are a necessity. This issue is too vital to be left solely to the knowledge of companies' IT departments or the routines and directions of IT suppliers. All function managers who are parts of supply chain management, with their experience and knowledge of the nature of their operations, must be included in this planning process with a systemic perspective. Planning success can be achieved with a process and tool combination that fully considers corporate know-how and operational knowledge. Consequently:
- Interdepartmental collaboration leads to more accurate planning and correct future forecasts.
- Optimal supply and capacity planning with minimal operating budgets.
- Working with improved service levels while minimizing inventory costs.
- Being able to forecast profit and loss (P&L) and cash flow much earlier and more accurately.
- Being able to respond quickly and accurately to sudden changes in market and operational conditions.
