1. Operational stability – Long-term planning allows the company to manage purchases and resources more efficiently, resulting in greater operational stability for the organization.
2. Building relationships with key suppliers and using procurement systems/platforms – Long-term partnership agreements with suppliers and the use of supplier management systems can reduce the risk of supply chain disruptions, providing key contractors with greater stability in cooperation.
3. Anticipating and managing risk – Planning enables the early identification of potential threats and the development of contingency scenarios.