April 25, 2013 | Written by: Ralph Jacobson
Categorized: Industry Insights
Companies that incorporate supply chain functions into sales and operations planning can reduce the costs associated with carrying inventory and performing demand and supply planning. Even if planning costs rise, “organizations should consider whether any additional costs … would be offset by increased efficiency or costs savings generated within the procurement, manufacturing, or logistics functions,” Becky Partida writes.IndustryWeek
Is this new thinking, or a “reswizzle” of ways we have been working for a long time?