27/09/2021 | Written by: Dave Heleu
Categorized: Data & AI
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Supply chains are an organization’s life blood, manufacturing and delivering the right quantity of products to the right locations at the right time. However, they are easily disrupted by external factors outside the control of the organization. So, how can you streamline your supply chain to handle potential issues while enabling your organization to enjoy the benefits?
Planning across your entire organizations
The actions of almost every department in your organization, from logistics and production to finance and sales, can impact your supply chain. Supply chain planning would be simplified if all departments had access to a single plan, where a change in one part of the plan by one department would automatically update other parts so that everyone is working towards the same target figures.
Supply Focus from Cubewise
With Supply Focus from Cubewise, this single connected system is now reality.
Individual departments continue to do their own planning. However, Supply Focus ensures that all data is funneled into a single central location, where it is used to automatically update all connected plans via the Alignment module. Departments can adjust elements of the plan to meet their specific requirements, for example, the Merchandise Plan could use slightly different numbers as they have to take into account that there could be theft or returned items in their retail locations.
Supply Focus in practice
We have seen organizations enjoy substantial benefits thanks to improved supply chain efficiency from implementing a single planning system. However, in our experience, it is necessary to roll out a new system carefully and strategically. Some groups within the organization may not appreciate the increased transparency and clarity that the single system can shine on the workings of their department.
Supply Focus as part of Unified Performance Management
The ultimate goal for many organizations is Unified Performance Management (UPM), which uses finance to form links across the organization and impacts almost every process and department including the supply chain. However, even with the benefits that UPM offers, it can be challenging to fully implement it, leading many organizations to turn to Cubewise for advice and guidance.
Take the next step
Are you interested in exploring how Supply Focus and UPM from Cubewise can help your organization? Contact us to discuss your unique situation.
Supply focus is build on IBM Planning Analytics powered by TM1 – Discover more Planning Analytics features