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What is Demand Planning?
Demand planning is a supply chain management process that forecasts the demand for products to ensure that they can be delivered in time and customers are satisfied.
What is Manufacturing?
The production planning process aims to plan capacities and resources efficiently to guarantee that upcoming production orders are produced and delivered at the right time.
What is Procurement?
The procurement process ensures material availability by triggering and bundling orders in a timely manner with view to replenishment times, safety stocks and target ranges.
What Is Inventory Management?
Inventory management is about always being able to deliver without having too much in stock. Thereby, safety stocks, dead stocks and capital tie-up must be must be considered.
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