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Week 7

The document discusses demand and supply planning in a supply chain. It covers topics like demand forecasting techniques, inventory management, risk management, sourcing strategies, production planning, transportation and logistics, coordination between demand and supply planning using processes like S&OP and CPFR, and the importance and challenges of coordination.

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17 views

Week 7

The document discusses demand and supply planning in a supply chain. It covers topics like demand forecasting techniques, inventory management, risk management, sourcing strategies, production planning, transportation and logistics, coordination between demand and supply planning using processes like S&OP and CPFR, and the importance and challenges of coordination.

Uploaded by

mfarrukhfb
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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1

INDUS UNIVERSITY

2
Course Name

• Teacher • Sir. Bilal


• Semester • Fall 2023
• Credit Hours • 03

Faculty of Management Sciences, Indus University 3


Assessment

• Assignment • 05
• Quiz • 05
• Report • 15

Faculty of Management Sciences, Indus University 4


F orecas ting Planning
and Coordinating
Demand and Supply in
in a Supply Chain
In the world of business, coordinating demand and supply is essential
to success. This presentation explores demand and supply planning in
the supply chain.

by Bilal
Demand Planning
1 The Role of IT in Forecasting 2 Inventory Management

Forecasting techniques have Inventory management is critical


become more precise due to to ensuring that products are
advances in technology. IT available when customers need
applications now play a critical them. Proper inventory
role in forecasting methods. management minimizes wastage
and ensures that customers’
needs are met on time.

3 Risk Management in Forecasting

Forecasting involves risks that can impact multiple aspects of the supply chain.
Risk management techniques are used to ensure that these risks are identified
and managed effectively to minimize their impact.
Supply Planning
Sourcing Strategies

S ourcing strategies are important to ensure that the right


suppliers are chosen to support the supply chain. Proper
supplier selection can ensure that quality products are received
on time and at competitive prices.

1 2 3

Production planning Trans portation and Logis tics

Production planning plays a crucial role in ensuring that supply Transportation and logistics play a vital role in ensuring that
meets demand. The production plan outlines the number of products are delivered to customers on time and in good
units to be produced and the required resources to ensure that condition. E ffective management of logistics can help
targets are met. organizations to reduce costs and improve delivery times.
Coordination between Demand and Supply Planning

S&OP process The Role of IT in Aggregate Planning Collaborative Planning,


Forecasting, and Replenishment
S ales and Operations Planning (S &OP) is IT plays an essential role in aggregate
a process that helps to ensure coordination planning. The use of analytics can help Collaborative Planning, Forecasting and

between demand and supply planning. organizations to make informed decisions Replenishment (CPFR) is a process aimed

This process ensures that the supply chain about production and inventory at improving communication and

is aligned with customer demand and management. coordination between businesses and their

organizational goals. trading partners. This process can help


organizations to better align their supply
chain processes with customer demand.
Conclus ion

Key Takeaways F uture Trends in Demand and Supply Planning

It is critical to plan and coordinate demand and supply Automation, advanced analytics, and digitalization are
in a supply chain effectively. The use of IT and changing the landscape of demand and supply
collaboration processes can help organizations to align planning. E mbracing these trends can significantly
their supply chain processes with customer demand. improve supply chain performance.
Importance of Demand
and Supply Planning in a
Supply Chain
“The importance of demand and supply planning in a supply chain
cannot be overemphasized. E ffective demand and supply planning
are critical to ensuring that businesses can meet customer demand
and objectives, while minimizing costs and risks. ”
F actors Affecting Demand

1 Competition The level of competition in a given market


can significantly impact the demand for a
product or service.

2 Seasonality Demand can fluctuate in response to


seasonal trends, such as holiday shopping
or the agricultural season.

3 Economic conditions Economic downturns, recessions, and


inflation can all impact demand for
products and services.
4 Technological advances Technological advances can drive demand
for new products and services and impact
the demand for existing ones.
Challenges and B enefits of Coordination
between Demand and Supply Planning
Challenges B enefits

• Difficulty in forecasting demand accurately • Efficient use of resources

• Increasing complexity of supply chains • Improved customer service levels

• Resistance to sharing data between suppliers and customers • Lower costs and reduced wastage
Thank You

13

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