The current best practice looks at aggregate buying volumes with vendors for negotiation.
Goals and Objectives
Buying based on capacity reservation at suppliers based on a digital twin of the entire supply chain will yield lower inventories and higher perfect order results.
Cloud, industry cloud, cognitive, and blockchain
Use Case Summary
There will be an understanding of supplier capacities at a deeper level such as machine capabilities, certifications, capacity, and company demand for those items as well as continuous rebalancing of the supply of critical items based on capabilities rather than units and quantity.