Supply planning is the next component of the business planning process. This is where the supply chain determines the requirements for best way to achieve the demand plan for both service and financial results.
Supply Chain Objectives |
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Business Objective |
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Supply Chain Objective |
Drive revenue |
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Support/grow customers |
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Deliver on time/defect free |
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Strong product portfolio |
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Time to launch new products |
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Provide high quality |
The profit and loss (P&L) |
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Minimize costs |
Manufacturing costs |
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Increase utilization, reduce overtime |
Logistics costs |
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Reduce expedited freight |
Materials costs |
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Reduce ... |
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