An organization can reach at the top of the cloud if there is an excellent balance between supply and demand. This is what an organization needed! Well, in this competitive market a good supply chain planning is the necessity of an organization. With the change in scenario, the supply chain planning concept has also undergone certain modifications.
Earlier, warehousing was examined as an independent section and this is the reason that the link between distribution and warehouse was somewhat loose. However, with growing demand, an urgent need was felt to consolidate Logistics, i.e. the distribution and warehouse into purchasing and production.
Hence the new concept of supply chain planning basically deals with providing agility to the company. Something which adds profit to the organization is always taken on the priority. And in this scenario, every company rely on supply chain planning concept. Along with supply planning, one critical concept is Demand planning. Is there any company who don’t plan for Demand of customer? Obviously a big NO! When we talk about supply its companion Demand automatically triggers in everyone’s mind. A customer satisfaction is a reason for a successful organization. If a company is not able to satisfy its customer, then the value of that company is NULL or you can say it a useless company. It’s obvious that company is at the extent of bankrupt or already bankrupt. Well, this bankruptcy can be made impossible by the effective planning of demand, supply, and sale.
Adexa delivers the best ever service in inventory planning. You can rely on us without any doubt. Demand Planning must be done after studying the entire market phenomenon and the need of the customer. Without this knowledge, you can’t have a measure to tackle any kind of problem-related to demand and supply. If you have a precise plan for demand then it easy to take decisions regarding supply and sales related issues.
Demand and supply move hand in hand and nobody in this universe can deny this universal truth. “Where there is Demand, There is supply” and vice versa is also true.
Along with demand and supply planning, there is another concept called “Sales and operations planning”. The best synchronization of eyes and brain is required in planning. A precise plan for sales and operation is the criteria for the successful running of an organization. It is an integrated business management process through which the executive team unceasingly accomplish synchronization, focus, and alignment among all functions of the organization. It includes an updated prediction that leads to a customer lead time (backlog) plan, sales plan, production plan, inventory plan, new product development plan, strategic initiative plan and resulting financial plan. Plan frequency and planning horizon depend on the specifics of the industry.
Adexa offers sales and operational planning, demand planning, supply planning and much more. You are just a few steps away to get an excellent solution!
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