Supply planning also known as Purchasing and Materials requirements planning is an important task to ensure smooth running of an organization. Manufacturing companies often have to plan their supply requirements in order to meet forecast demand and also anticipate any unforeseen events or disruptions.

Some of the questions a purchasing manager seeks to answer are:

• What is the optimal sourcing strategy to meet expected demand?
• How do I reduce procurement costs by choosing among multiple sources with different cost-benefits?
• Can I meet demand if my supply is disrupted?
• Which of my suppliers is getting how much of my spend money?
• Can I bargain for volume discounts based on my spend amount with certain suppliers?

Harapa’s Supply Planning solution uses advanced optimization to enable supply managers to arrive at a comprehensive sourcing plan. It allows organizations to determine the optimal sourcing mix to reducing overall procurement cost. Advanced spend analysis allows users to get an accurate view of where their spend money is going. This is a valuable tool for supplier consolidation and volume discounts.