Supply chain planning is the common planning process among entities in a
supply chain. This course explores how the key components of supply planning
integrate with other supply chain planning processes.
In today’s global economy, virtually all products purchased by consumers
contain materials and components that were manufactured, processed, or
assembled in multiple countries. This has increased supply chain complexity
and forced organizations to develop enhanced capabilities in logistics and
supply chain management. Concepts such as inventory planning, distribution
network design, and manufacturing approach have a significant impact on
customer service and company costs. Progressive organizations have realized
the enormous importance of supply planning processes and are leveraging them
to gain a competitive advantage.
This course will provide an overview of the inputs, outputs, and performance
measures associated with the processes of supply planning, illustrated with
examples from different industries.
After completing this course, you should be able to:
Define the concept of supply planning.
Identify factors that affect inventory levels at different locations in the supply chain.
Describe how finished goods inventory can be deployed and replenished in a supply chain.
Describe how manufacturing sourcing plans are created in support of distribution needs.