Supply planning is the entire planning process which includes distribution, manufacturing, and procurement operations according to demand forecasts, considering capacity constraints and material availability.
What is meant by supply planning?
Supply planning is the entire planning process which includes distribution, manufacturing, and procurement operations according to demand forecasts, considering capacity constraints and material availability.
What is supply planning and demand planning?
Demand planning involves predicting consumer demand to guide supply chain operations. Supply planning, on the other hand, involves managing inventory to meet the forecasted demand.