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The Importance of Supply Chain Collaboration

The Good Spending

Once, I was asked what makes the supply chain important to a company. Other peers around the company overlap with us in their functions - Technology tends to manage suppliers , Finance owns the demand planning and budgeting, and Sales and Marketing monopolize the end-customer value chain.

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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. It includes everything from product development and strategic decision-making to information systems and new technologies.

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What Exactly Is Supply Chain Management? 10 Different Definitions!

Supply Chain Game Changer

CSCMP’s definition is: Supply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. In essence, supply chain management integrates supply and demand management within and across companies. Source: [link] ).

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Supply Chain Collaboration – The New Way to Drive Value!

Supply Chain Game Changer

What’s new is that it’s taken on a much greater urgency and importance. Collaborating to improve forecasting and demand planning is likely to be frustrating if one partner’s existing planning processes, systems, or performance are inadequate. Supplier chain collaboration itself isn’t new.

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Integrated Business Planning: A New Narrative for an Old Process

Supply Chain Trend

Operational IBP decisions (4-12 months ahead) are less frequent and time urgent than in the S&OE horizon, but still have low impact/value and apply at a detailed level so that planning and decision making can be automated as well. IBP Segmentation by Planning Horizon, Automation.