Planning and Execution
A major shift in paradigm in supply chain planning solutions through the use of AI and Machine learning as well as availability of data and fats processors.
As we get older and more sophisticated, we become better “planners,” for two reasons: our ability to form more accurate models of the world around us and to have the ability to make predictions based on our past experiences.
How do you plan in the face of uncertainty? Produce more than expected? If so, by how much? Re-plan when an undesired event occurs? It might take too long and it may be too late!
Planning is probably the second oldest profession in the world! Just about everything we do requires some form of planning. What really matters is the quality and accuracy of the plans.
It may not be a surprise that you are both! You are constantly planning trying to be predictive and you keep adjusting your plans to execute the predictions that you made.