Definition:
Dispatch planning comprises all strategic and operational measures to ensure optimal inventory management and replenishment management. The aim is to optimize inventory levels in order to guarantee delivery at all times and at the same time to minimize storage costs.
advantages:
- Reduction of storage costs through demand-oriented orders
- Minimize bottlenecks and overstocks
- Improving delivery capacity
Disadvantages:
- The need for extensive data analyses and forecasts
- Dependence on accurate demand forecasts and replenishment times
- Requires close coordination with suppliers and purchasing
