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Follow on Google News | ![]() E-collaborative planning- Systematic synergy- Robin TrehanStrategic ebusiness Guru Robin Trehan said E-collaborative planning- Systematic synergy
By: CCF Media E–collaborative planning is created in collaboration with suppliers, customers and channels partners through open sharing of relevant consumer sales data and material availability. In this scenario, one particular demand forecast is shared by all supply chain participants. It is about data mining and bringing in correlation with the dots and creating a rainbow. Information is shared at each and every step and product and services is customized in accordance with the changing needs of the final customer. Web-based collaborative planning participates in strengthening strategic relationships with key-customers. This allows to exchange forecast and product status information on orders, shipments and promotions and to manage products through their entire life-cycle. The use of web-based collaborative planning results in substantial reductions in lead-time and forecast availability; E-collaborative planning allows corporations to gain a much clearer picture of their overall buying tactics, initiate aggregate purchasing across multiple channels. In addition, in case there is any demand alteration, the channel can act fast and adjust to the changing demand. It is about bringing in competitive advantage through flow of information sharing. E-collaborative planning helps in adding value at each step of the supply chain. It helps about buying the accurate product or service from the correct supplier, at the right price, at the exact time, and with the defined and customized attributes. This results in reduction of resources in terms of time, capital and elimination of excess inventories. It is about creating transparency between manufacturers, intermediates, suppliers, importers and retailers, said Robin Trehan Robin Trehan said E-collaborative planning enables companies to efficiently implement solutions that result in a reduction of “Bullwhip Effect”. In other words, the collaboration enables the different participants of a supply chain to collectively decide of a demand forecast, so that there are not many surprises with the final result. It is all about the ability to work together which finally determines success. # # # Investment banking for mid market Mergers & Acquisition Specialists. E-collaborative planning- Systematic synergy.Credit Capital Funding is an alternative asset management and advisory firm with a focus on equity investments in middle-market companies and real estate that hold significant opportunities to create value. End
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