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Let's be clear: a demand planner is NOT the same as a supply planner. This infographic compares a demand planner and a supply planner: ✅ Focus 👉 Demand Planner: prediction of the future demand 👉 Supply Planner: optimization to accomplish demand plan ✅ Key Activities 👉 Demand Planner: identify anomalies in data and refine forecasts 👉 Supply Planner: plan capacity and inventory to align with demand ✅ Stakeholders 👉 Demand Planner: CEO, Marketing, Sales, New Product Introductions, Finance, Supply Planning 👉 Supply Planner: Manufacturing/ Operations/ Production, Materials, Procurement, Finance, Demand Planning ✅ Negotiation Skills 👉 Demand Planner: to navigate internal politics and communicate gaps against the plan 👉 Supply Planner: to secure favorable terms with demand planners, production managers and suppliers ✅ Data 👉 Demand Planner: uses models to predict demand; POS data, shipments, orders 👉 Supply Planner: uses models to optimize capacity, resources, inventory ✅ Demand 👉 Demand Planner: unconstrained demand 👉 Supply Planner: turns unconstrained demand into constrained demand ✅ Metrics 👉 Demand Planner: FVA (forecast value added), MAPE, WMAPE, bias 👉 Supply Planner: OTIF (on time in full), fill rate, lost sales, inventory turnover ✅ Technology 👉 Demand Planner: advanced forecasting and data representation tools 👉 Supply Planner: ERP, planning systems and inventory management tools ✅ Impact on Financials 👉 Demand Planner: revenue (top line) 👉 Supply Planner: cost (bottom line) Note: late shipments or shortages can also impact the top line Any other aspects to add? #supplychain #salesandoperationsplanning #integratedbusinessplanning #procurement

sedApta Group is organizing a very interesting webinar on supply chain optimization, one of the key competence areas for Elisa IndustrIQ, this time especially for #pharma industry, on November 7th. Please take a look If interested in learning the newest development: https://lnkd.in/eUHxM6zB Elisa

▶ Watch the interview with Benedetta Cuttica, Chief Technology Officer of sedApta Group, on PublimediaGroup Srl. Discover how the #digital transition has transformed #supplychain management and learn about the solutions developed by sedApta to respond flexibly, agilely, and in a customized, advanced way to the new needs of various industrial sectors. 👉 Full video here: https://lnkd.in/dygQhYq9

Because AI is now a reality in supply chain ... This infographic shows 7 AI concepts that every supply chain professional should know: 🤖 1️⃣ Gen AI ✅ Concept: category of AI models that can generate new content, like text, images by learning patterns from existing data 💡 Application: scenario generation in demand forecasting, safety stock calculations, dynamic inventory replenishment 🤖 2️⃣ Machine Learning ✅ Concept: type of AI that allows computers to learn from data and make decisions without explicit programming 💡 Application: inventory optimization, transportation and logistics optimization, production planning and scheduling 🤖 3️⃣ Neural Networks ✅ Concept: type of algorithm that machine learning uses to process data and learn from it 💡 Application: Neflix and Spotify use neural networks to recommend content impacting the demand 🤖 4️⃣ The Knowledge Graph ✅ Concept: a network that represents entities and their relationships, making it easier for machines to learn 💡 Application: Unilever uses the knowledge graph to help the company’s retail partners manage their inventory and place new orders 🤖 5️⃣ Decision Trees ✅ Concept: Type of algorithm that is used for both classification and regression tasks; helpful for a series of yes/no decisions 💡 Application: Walmart and P&G use predictive analytics, including decision trees, to optimize their supply chain and manage inventory 🤖 6️⃣ Cognitive AI ✅ Concept: Part of AI that is designed to simulate human cognition, including understanding, listening, learning, and interactive in natural language 💡 Application: Coca-Cola is using cognitive AI to improve demand forecasting, optimize production schedules and manage its distribution network 🤖 7️⃣ Chat GPT ✅ Concept: Example of Gen AI 💡 ChatGPT can integrate with supply chain planning dashboards in Power BI to ask the data questions Any others to add? #supplychain #salesandoperationsplanning #integratedbusinessplanning #procurement

Scheduling business production activities brings five strategic benefits :- https://lnkd.in/eWq48fTS #scheduling #production #manufacturing #efficiency #costsaving #costredcution #riskreduction #supplychain #factory #productionline #continuousimprovement #ai #ml