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Supply Chain Function

Supply Chain Function

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Title: Supply Chain Function

Essay Details:

Subject: Business

Author: Sandra P

Date: September 8, 2015

Level: University

Grade: A

Length: 3 / 818

Essay text:

Demand Planning & Forecasting systems allow companies to use the best available information to make intelligent decisions regarding production plans. Production Planning & Scheduling: For complex operations, it is a major effort to plan production given capital equipment, constraints and customer expectations. Production Planning & Scheduling systems optimize the use of an organization’s capital equipment, reduce work in progress, shorten lead times and make them more predictable, and reduce overall operating expenses. Warehouse & Inventory Management: No longer can simple databases track the locations of products within the distribution network - today’s real-time enterprises require much more sophisticated capabilities...

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