This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demandplanning. If you work in the supply chain planning function, supplier collaboration will take the form of shared demand forecasts, inventory positions, and production schedules.
Demandplanning capabilities. Demandplanning is the ability to create forecasts that predict the future need for your products. It may even suggest a best fit based on past trends, and help you work through “what if” scenarios, for example if you’re planning to consolidate or change services.
In Greg’s last blog post , he discussed three areas where supplier collaboration is creating value for the manufacturer from product design through demandplanning: innovating, costing, and planning. It requires the building of trust and the development of shared goals.
Going forwards, customer-of-choice behaviors like sharing demandplans, collaborating on cost savings and jointly developing intellectual property are deepening their roots.”. Perhaps it is time for a more comprehensive description. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.
Let’s examine three ways that better collaboration with supply partners creates value for a manufacturer from product design through demandplanning. If you work in the supply chain planning function, supplier collaboration will take the form of shared demand forecasts, inventory positions, and production schedules.
In Greg’s last blog post , he discussed three areas where supplier collaboration is creating value for the manufacturer from product design through demandplanning: innovating, costing, and planning. It requires the building of trust and the development of shared goals.
Going forwards, customer-of-choice behaviors like sharing demandplans, collaborating on cost savings and jointly developing intellectual property are deepening their roots.”. Perhaps it is time for a more comprehensive description. I’m going with Supplier Value Management. Let’s get busy working on Supplier Value Management.
Professionals in demandplanning, procurement, logistics, fulfillment, sourcing: step up and take ownership of your area. Gartner noted the increase in chief supply chain officers (CSCO), with 40% of them reporting to the CEO. This is significant but is it good enough? The answer is NO. Innovation cycles are short and becoming shorter.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content