oboloo Glossary

Supply Network Planning

oboloo Glossary

Supply Network Planning

Supply Network Planning (SNP) is a business process used to optimize the flow of materials and information between suppliers, factories, warehouses, and customers. It involves planning demand forecasts, calculating inventory levels and replenishment needs, as well as aligning production with customer requirements. SNP helps businesses forecast and plan for changes in demand or supply, manage volatile markets and protect against potential disruptions. Through strategic planning and automated decision-making, companies can develop an optimal supply chain network that drives cost savings, increased efficiency and better customer service.