A Practical Guide to Supply Chain Planning Maturity
From Reactive to Predictive Planning: A Practical Guide to Supply Chain Planning Maturity
With 25 years of experience, Vanguard Software has helped organizations reach operational excellence and unprecedented growth by shifting business planning in a predictive direction. The key business driver for these initiatives typically lives within our clients’ largest cost/profit center: the supply chain.
According to AMR research,
“Billions in operating margin and trillions in market capitalization separate supply chain winners from losers.”
Furthermore, best-in-class supply chains see:
- 15% reduction in inventory
- 17% stronger perfect order fulfillment
- 35% shorter cash to cash cycle times
- 90% fewer stockouts than competitors
The Vanguard Approach
Predictive planning combines the best of advanced analytics with the best of human insight. In a predictive planning state, organizations can reduce the time and resources required for planning cycles, assess risk levels throughout the plans, and produce results aligned with corporate objectives.
Vanguard has partnered with customers across the globe – from the mid-market to Fortune 100 – to advance their supply chain planning, S&OP, and IBP practices.
The supply chain results are:
- improved service levels
- right-sized inventories
- reduced product obsolescence
The financial results are:
- increased sales and revenue
- lower resource, production, and inventory costs
- bigger profit margins
To support supply chain planning maturity in any industry, we offer a practical 4-step guide:
Step 1: Unify Planning
Step 2: Automate Decision-Making
Step 3: Assess the Risk Levels
Step 4: Collaborate for Added Value
Impact of Advanced Analytics Forecasting
Vanguard Software introduced its first product for decision support analysis in 1995. Today, companies across every major industry and more than 60 countries rely on the Vanguard Predictive Planning platform. Vanguard Software is based in Cary, North Carolina.