Supply Chain Planning

Groupthink is a psychological phenomenon that occurs within a group of people in which there is a desire for harmony within the group, but the result is an irrational or dysfunctional outcome - Wikipedia.

Over the last decade, many supply chain experts advocated that tighter integration of SCP with ERP would deliver higher value, however, this is not supported by the facts of a recent study.

In the last two decades there have been many innovations in advanced planning systems such as new forecasting algorithms, multi-echelon inventory optimization and transportation planning just to name a few.

While other analysts may put the vendors into a four-square evaluation model and declare it magic, I think that this approach does a disservice to the industry.

Most people don’t give a second thought to the soccer ball’s journey to the pitch - it’s safe to say though, that just as much careful supply chain planning and hard work goes into making the ball as training the players.

Many companies use the word "supply chain planner" to describe an entry level job dealing with the demand forecasting and material scheduling but is this the entire scope of supply chain planning?

When it comes to Sales and Operations Planning (S&OP), forecasters and planners need to work together to achieve financial performance targets.

What trends will affect the next generation of supply chains? That’s a question more and more SCM professionals are asking themselves. The 10 trends offered here are validated with executive input from senior executives across different industries. By understanding, anticipating, and acting upon these trends, the author believes companies can greatly enhance the value of their supply chain operations.

Demand Management’s announcement comes at a time when more and more software providers are allowing customers to access their solutions in the cloud. By offering its integrated supply chain planning suite on a subscription basis, Demand Management enables companies to get up and running on the platform as quickly and affordably as possible.