target audience: TECH BUYER Publication date: May 2023 - Document type: IDC Perspective - Doc Document number: # AP50370123
Concurrent Supply Chain Planning for Optimal Order Fulfillment Success in Manufacturing
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Abstract
This IDC Perspective examines the importance of concurrent supply chain planning (SCP) for manufacturers that have business operations across multiple sites. SCP across multiple sites can be complex. It is vital for manufacturers to simultaneously synchronize and execute optimization to their production and distribution processes across multiple sites, meeting customer requirements and ensuring optimal order fulfilment. AI-powered supply chain management (SCM) solutions unlock analytical capabilities beyond traditional sourcing and procurement with intelligent modules that provide organizations with insight-backed decision making for operational SCP.
"There is a wide range of SCM solutions available to manufacturers, each designed to address different aspects of supply chain management. Manufacturers need to evaluate and select the right combination of solutions to suit their business needs. Effective supply chain planning and concurrent implementation are critical for manufacturing organizations to stay competitive in today's fast-paced market environment," says Wai Yee Lee, research manager, IDC Asia/Pacific Manufacturing Insights.