oboloo Glossary

Supply Planning Process Flow

oboloo Glossary

Supply Planning Process Flow

The supply planning process flow in procurement refers to the steps taken by procurement professionals and organizations to ensure that products are available when and where they are needed. In a nutshell, it’s about linking suppliers’ resources and capabilities with demand to enable the optimal supply of goods or services to customers. This involves taking into account factors such as transportation costs, lead times, supplier capabilities, production cycles, and inventory management. Ultimately, the goal is to produce and deliver goods efficiently and cost-effectively without sacrificing quality or reliability.