059 Planning Frequency - f.hubspotusercontent30.net

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by Dr. Rabin Sahu, Machine Learning Engineer at Vekia Supply Chain Weekly Blast #059 : Planning Frequency Lately, many companies have resorted to less frequent planning to save their team’s effort. To the contrary, this results in more expedite planning and more cost. Especially in omni-channel retail, real-time planning is needed to provide the most efficient location to fulfill the order. Market info. Customer Database Planning Planning Frequency Affects Resiliency Example: Distributed Order Management Ideally, planning frequency should be the same as the frequency of fresh market input regarding demand. How frequently shoud a supply chain organization plan? Many companies get fresh sales data at the most granular level on a daily basis. Planning at a more relaxed level would miss out on some of the important market signals on the products and end up responding to it late.

Transcript of 059 Planning Frequency - f.hubspotusercontent30.net

Page 1: 059 Planning Frequency - f.hubspotusercontent30.net

by Dr. Rabin Sahu, Machine Learning Engineer at Vekia

Supply Chain Weekly Blast

#059 : Planning Frequency

Lately, many companies have resorted to less frequent planning to save their team’s effort. To the contrary, this results in more expedite planning and more cost.

Especially in omni-channel retail, real-time planning is needed to provide the most efficient location to fulfill the order.

Market info.

Customer

Database Planning

Planning Frequency Affects Resiliency

Example: Distributed Order Management

Ideally, planning frequency should be the same as the frequency of fresh market input regarding demand.

How frequently shoud a supply chain organization plan?

Many companies get fresh sales data at the most granular level on a daily basis. Planning at a more relaxed level would miss out on some of the important market signals on the products and end up responding to it late.