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Optimize supply operations with procurement planning software

Align sourcing with demand and supplier capabilities for secure, cost-effective supply using algorithms that consider calendars, risk, and lead-time variability. Embedded collaboration and scenario modeling proactively manage disruptions, supporting automated sourcing and real-time global visibility.

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Explore how QAD DSCP leverages advanced technology to ensure better supply chain performance and resilience.

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Key Benefits of Procurement Planning

Optimize Inventory

Strike a balance in your inventory to prevent costly stockouts while also eliminating excess.

Optimize Inventory

Strike a balance in your inventory to prevent costly stockouts while also eliminating excess.

Improve Customer Satisfaction

Effective procurement planning ensures the right products are precisely when and where customers need them.

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Key Capabilities to Reduce Supply Risks

Requirements calculator

You can utilize several different replenishment models to determine procurement requirements, including reorder-point quantity, days of supply, forecast driven and others.

Prescriptive logic

Your organization can utilize logic to partially expedite future requirements to maximize the utilization of a truck, shipping container or other transport option.

Supplier calendars

QAD’s solution considers the supplier's capacity to receive an order and deliver an order, crucial to avoiding stock outs.

S&OP support

Automatically makes supply plans and simulated scenarios available to your S&OP/IBP processes for tactical planning and closing the planning loop.

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Frequently Asked Questions

What is the role of procurement planning?

At its core, procurement planning defines how a company will satisfy product demand and achieve crucial business objectives like timely delivery, cost reductions and profit growth. Planners develop and implement strategies to fine-tune inbound materials, inventory, production schedules and supplier relationships, all to seamlessly align product supply with anticipated future demand.

What are some common challenges with procurement planning?

Procurement and supply planners face significant hurdles in meeting product demand, primarily due to the complexity of managing global supply chains with numerous suppliers, intricate products and sudden demand spikes. They must also contend with volatility, mitigating risks from unforeseen events such as natural disasters that impact supply, demand and transportation. Furthermore, demanding customers require planners to adapt to desires for personalized products, diverse buying options and faster delivery. Finally, functional silos create challenges by hindering data sharing because departments often work independently and use outdated tools.

How does QAD support scenario planning and "what-if" analysis?

Scenario planning is a key element of QAD Demand Planning, giving you an effective way to perform "what-if" analyses and make informed decisions.