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While reducing operating costs and inventory, improving on-time delivery, availability and cycle times are all top business objectives in supply chain initiatives>>>
Asking the right questions does help improve supply chain planning, but acting upon the feedback is vital. Knowing what the right question to ask is more important. For example,
1. Asking how much should we produce Vs. how much is on demand (push Vs Pull)?
2. How much do we have in stock Vs how many can we make on time?
3. How robust are we incase of a sudden influx of demand Vs how many can we make just -in-case? - Agility Vs Mass production.
Forecasting give rise to so many errors, and can be replaced by proper planning ie. Demand management Vs forecasting.
In general, I agree with all answers provided by my peers.As we can see that Supply Chain is a vast field and is entitled to numerous possibilities of improvement.
Hence,several queries can be raised related to SC Planning.
I would like to list the following minimum points pertaining to Supply Chain Planning
1.Is there stock in warehouse? (As controlling the inventory in any industry is generally a challenge)
2.Do you've any open PO's for incoming deliveries of the requested item? (This could potentially resolve urgent demands without raising new orders)
3.How can we set the reorder point for an item? (New item & moving item)
(It can generally vary from case to case.A discussion with the end user would prove to be beneficial at least for a new item to be ordered)
4.Are the inventory figures shown in your system accurate? (Can be very vital as several companies generally have incorrect figures of inventory in system.Should it be observed as an incorrect figure,an immediate recheck of physical inventory to be made prior to correcting the figure(s) in the system and setting the relevant re order point)
Simply few heads.
1.Forecast accuracy,though it is subject to error by default(forecast!)
2.ontime Supply stability or capacity commitment
3. Reliable distribution network
4. Demand stability which always in the hands and in tune with marketing dynamics.
5. Moreover strategic plans of company for many years ahead