Transforming Material Management through Smart Supply & Demand Planning
Enabling data-driven decisions in a dynamic supply chain environment
To tackle rising demand and long lead times, a leading utility provider partnered with Siemens Advanta to modernize its planning processes. By implementing a cloud-based solution that integrates data sources and automates forecasting, the project significantly improved planning accuracy, reduced manual tasks, and enabled faster, more informed decision-making across supply chain.
Following the pandemic, our client experienced significant supply chain disruptions, including longer lead times, material shortages, and an increased risk of service interruptions.
Their manual forecasting process was time-consuming and lacked the transparency necessary for effective decision-making.
Recognizing the urgent need to ensure business continuity, the customer recognized the need to transform their demand planning and supply management capabilities.
Siemens implemented a cloud-based solution that transformed the client's material planning by using automated data pipelines and analytical demand forecasting.
The solution features:
- A demand planning system that provides transparency at material ordering timing and inventory levels
- Integration of supply planning data and delivery tracking
- Consolidated data sources that provide a single source of truth for the materials management team
- Advanced analytics algorithms that improve forecast accuracy
The implementation delivered business value on:
- Forecasting accuracy enabling more reliable material planning and reducing stockouts
- Manual effort was reduced through process automation
- Lead time visibility increased, allowing for proactive risk mitigation
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