Planning Analytics for Service Supply Chain Optimization

This document is a guide that outlines the concept of Planning Analytics within the context of service supply chain management. It discusses the challenges faced by service supply chain organizations, particularly in spare parts optimization, and emphasizes the importance of accurately predicting inventory requirements to meet customer service level targets. The guide details how Planning Analytics can help organizations evaluate and revise their stocking plans to reduce costs and improve efficiency. It introduces Prophet by Baxter, a software solution designed to optimize service parts management operations by measuring actual service levels and identifying root causes of inventory misses. The document explains various classifications of miss root causes, including data quality, service execution, and planning issues, and emphasizes the need for continuous improvement through corrective actions. Additionally, it highlights Baxter Planning's expertise in inventory planning and optimization solutions, providing a framework for organizations to enhance their service supply chains.