Synchronized Planning: Faster cross-functional decision making
An organization's business strategy works best only when it is enabled via planning and operational levers across the entire value network. Creating a connected, concurrent and synchronized business plan is the right approach towards accomplishing strategic goals and achieving financial objectives with a tactical supply network plan. Working with the capability of 'Synchronized planning' not only delivers fast cross-functional decision-making, better information visibility, enhanced customer service, and an agile supply network but it also leads to real time collaboration with business partners and efficient resource usage.
All-in-all, this is a very important pre-requisite to achieving improved financial performance. By employing digitally-enabled technologies such as IoT, Robotic Process Automation, Cognitive Automation, Machine Learning, etc., organizations can adapt to changing market conditions and evolving customer needs. They can ensure real time visibility, automated decision analysis, cross-functional collaboration and strategic synchronization across the entire value network.