Poor supply chain planning can cost a company up to
4X
in downstream operational inefficiencies
Many supply chain executives invest heavily in improving planning capabilities. But, even the “best-laid” plans are subject to unpredictable situations and issues. That means they also need solutions that can drive agility in operations to overcome those issues.
ParkourSC transforms the planning process by incorporating ground-truth into plans in real-time and empowers the entire organization with improved decision-making despite complexities due to data and organizational silos in underlying systems. For example, ParkourSC monitors end-to-end supply chain operations to identify demand changes and supply disruptions and immediately delivers this information to provide early insight to planners.
Poor supply chain planning can cost a company up to
in downstream operational inefficiencies
Better manage customer expectations by proactively adjusting plans to meet deadlines
Find better insights from historical and real-time data to build a better plan that can be re-run more often due to changes
Monitor and correct for supply disruptions or demand changes with real-time ground truth data
Pharmacies keep stocks of seasonal vaccines, such as the flu vaccine, but during the flu season the rate of consumption increases, depleting the shelves of vials. With the ParkourSC platform, the pharmacy leverages sensors and Point of Sale (POS) data to send a signal to a daily planning system. As the vaccines are consumed, the demand and supply plans are continuously realigned and updated based on:
The signal that indicates supply and demand have been replanned is then delivered to the S&OP/IBP layer where trade-off decisions are made by senior leadership about freeing up manufacturing capacity and prioritizing the new seasonal demand. They may have to consider sacrificing short-term profitability for table stakes–stable supply products.
A decision is also made with the 3PL/4PL logistics provider to switch to moving products using large boxes/formats and stocking the micro-fulfillment warehouse so that demand can be better fulfilled from a warehouse nearby instead of relying on periodic delivery by the 3PL/4PL logistics provider.
The results of this closed-loop process are conveyed back to planning and transactional systems through ParkourSC. ParkourSC was able to complete this process within minutes, while traditional systems will take weeks or months.
To stay competitive and profitable in a dynamic business climate, you must align supply and demand in your supply chain. ParkourSC helps you do just that. Use our cloud-based platform to:
Test alternatives and scenarios in your digital twin software to drive better decision-making based on your unique data and network.
Get asset-level insights at any point to shift strategies from reactive to proactive.
Chat easily with relevant stakeholders across connected organizations and combine intelligence for faster resolutions.