Which Supply Chain Management functionality helps generate planned orders like purchase, transfer, and production orders?

Master planning is the functionality within Supply Chain Management that is specifically designed to generate planned orders for various needs, including purchase, transfer, and production orders. This process involves analyzing demand and supply, which allows businesses to forecast future inventory requirements and plan accordingly. By considering factors such as lead times, safety stock levels, and production schedules, master planning generates the necessary orders to ensure that resources are used efficiently and that stock levels meet anticipated demand.

In this context, the other options play different roles in supply chain management. Procurement and sourcing focus primarily on acquiring goods and services, while warehouse management deals with the storage and movement of inventory within warehouses. Inventory management, on the other hand, is concerned with tracking and controlling stock levels but does not itself generate planned orders. Hence, the role of master planning in orchestrating these planned orders stands out as the key function in the effective management of supply chain operations.