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July 14, 2023

Why does it make sense to invest in a supply chain planning solution during uncertain times?

In this video, we discuss how companies can improve their planning processes in uncertain times. We start by discussing the importance of accurate demand forecasting, and then we move on to integrated planning. We discuss how o9 can help companies take fast decisions and understand the financial impact of their decisions.

We also discuss how the recent pandemic is a great example of why companies should not stop improving their planning solutions. Companies who were able to anticipate market disruptions were able to take faster decisions, recover quicker, and grow further than their competitors. Therefore, this is the time when the o9 digital brain can help enterprises navigate and thrive through such uncertain times. Do not wait to enhance, connect and transform your end-to-end planning.

With the energy supply issues caused by the conflict in Eastern Europe, China's pandemic policies, and global rising inflation, many experts assure market growth levels will fall short of those predicted at the beginning of the year, and that global economies are heading toward the next recession. Such prospects generate a lot of uncertainty, making it difficult for enterprises to plan ahead and prepare for all possible outcomes. In anticipation of these volatile times, companies need to reinforce their planning processes more than ever. in order to get earlier visibility and adjust.

First, being able to forecast demand accurately is critical. demand accurately is critical. Companies need to be as close to the market as possible in order to leverage early leading indicators of demand in real time. Such as market trends, energy prices, government initiatives, and GDP projections.

Once the demand has been identified and approved across the different markets, integrated planning is needed to understand the impact of such demand in the supply chain. The ability to quickly run multiple scenarios, such as economic trends, supply and demand parameters, all across different time horizons will enable companies not only to take fast decisions through these uncertain times but also to understand their financial impact With o9, all these decisions can be taken in one single platform based on one single data model, where different planners from different regions can collaborate internally and externally.

The recent and still ongoing pandemic is a great example of why companies should not stop improving their planning solutions. Companies who were able to anticipate market disruptions were able to take faster decisions, recover quicker, and grow further than their competitors. Therefore, this is the time when the o9 digital brain can help enterprises navigate and thrive through such uncertain times. Do not wait to enhance, connect and transform your end-to-end planning.

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Gartner® Magic Quadrant™ 2023

o9 Solutions recognized as a Leader in the 2023 Gartner® Magic Quadrant™ for Supply Chain Planning Solutions. Download for free the full Magic Quadrant.

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