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Supply Chain Management
Supply planning is the entire planning process which includes distribution, manufacturing, and procurement operations according to demand forecasts, considering capacity constraints and material availability. The goal of the process is planning supply that would satisfy the demand for the product/service offered in the best way possible.
Best practices for supply planning forms a supply structure that satisfies the demand effectively and efficiently by considering maintenance and stock policies, production and sourcing parameters (lead time, minimum order quantities, lot sizes, etc.). Vendor-managed inventory, strategic partnerships with suppliers and third-party manufacturers, inventory visibility, and flexible manufacturing to minimize the effects of demand volatility are some common components of these best practices.
To achieve the optimum supply network, Deloitte’s offerings to its customers include supply network design, supply planning process design/redesign, and supporting software solutions.