{"id":13692,"date":"2014-11-04T15:12:43","date_gmt":"2014-11-04T15:12:43","guid":{"rendered":"https:\/\/www.techopedia.com\/definition\/supply-chain-planning\/"},"modified":"2017-01-24T18:06:09","modified_gmt":"2017-01-24T18:06:09","slug":"supply-chain-planning","status":"publish","type":"definition","link":"https:\/\/www.techopedia.com\/definition\/30444\/supply-chain-planning-scp","title":{"rendered":"Supply Chain Planning"},"content":{"rendered":"<h2><span id=\"what_does_supply_chain_planning_mean\">What Does Supply Chain Planning Mean?<\/span><\/h2>\n<p>Supply chain planning (SCP) is a strategy for maintaining a balance between the supply of and the demand for goods and services. There are software tools available for these purposes. SCP is one of the primary elements of supply chain management, the other being supply chain execution.\n<\/p>\n<h2><span id=\"techopedia_explains_supply_chain_planning\">Techopedia Explains Supply Chain Planning<\/span><\/h2>\n<p>Supply chain planning covers many aspects of a company\u2019s overall supply chain. It includes the use of tools for inventory, sales or production. SCP also includes strategies such as just-in-time inventory, where more precise planning allows for more manageable inventory storage requirements.\n<\/p>\n<p>SCP tools come in different types. Typically, these tools include a dashboard design where planners can look at what is being ordered and how raw materials go through the life-cycle process and are made into products. Multi-screen dashboards can make elements of business processes transparent using specific interface strategies such as the use of flowcharts and diagrams.\n<\/p>\n<p>SCP, and supply chain management in general, is valuable to modern businesses. They help businesses automate, monitor and control their processes using modern tools. All of these help them save money and allow them to work more efficiently in competitive fields and markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What Does Supply Chain Planning Mean? Supply chain planning (SCP) is a strategy for maintaining a balance between the supply of and the demand for goods and services. There are software tools available for these purposes. SCP is one of the primary elements of supply chain management, the other being supply chain execution. Techopedia Explains [&hellip;]<\/p>\n","protected":false},"author":7813,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"definitioncat":[252,228],"class_list":["post-13692","definition","type-definition","status-publish","format-standard","hentry","definitioncat-customer-experience-management","definitioncat-risk-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.2 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Supply Chain Planning (SCP)? - Definition from Techopedia<\/title>\n<meta name=\"description\" content=\"This definition explains the meaning of Supply Chain Planning and why it matters.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Supply Chain Planning\" \/>\n<meta property=\"og:description\" content=\"This definition explains the meaning of Supply Chain Planning and why it matters.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.techopedia.com\/definition\/30444\/supply-chain-planning-scp\" \/>\n<meta property=\"og:site_name\" content=\"Techopedia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/techopedia\/\" \/>\n<meta property=\"article:modified_time\" content=\"2017-01-24T18:06:09+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@techopedia\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.techopedia.com\/definition\/30444\/supply-chain-planning-scp#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.techopedia.com\/definition\/30444\/supply-chain-planning-scp\"},\"author\":{\"name\":\"Margaret Rouse\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/f5dd538e31ee352d105b8af36c4268a5\"},\"headline\":\"Supply Chain Planning\",\"datePublished\":\"2014-11-04T15:12:43+00:00\",\"dateModified\":\"2017-01-24T18:06:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.techopedia.com\/definition\/30444\/supply-chain-planning-scp\"},\"wordCount\":204,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.techopedia.com\/#organization\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.techopedia.com\/definition\/30444\/supply-chain-planning-scp#respond\"]}],\"articleSection\":\"\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.techopedia.com\/definition\/30444\/supply-chain-planning-scp\",\"url\":\"https:\/\/www.techopedia.com\/definition\/30444\/supply-chain-planning-scp\",\"name\":\"What is Supply Chain Planning (SCP)? 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