Sales and Operations Planning (S&OP)
Why, because S&OE has a more accurate model of the world & can figure out all the alternatives and make a quick and optimal decision that can be followed.
The concept of supply chain digital twin has become very popular in recent years. It is essentially a digital model of your supply chain intended to be the foundation for companies to plan and operate their supply chain digitally and autonomously.
Many companies have or are in process of implementing S&OP solutions aiming to digitalize their supply chains. S&OP is essentially a high level rough cut and long-term model of the supply chain.
S&OP technology is a rough modeling of the supply chain that does not take into account the variability of resource availability and delivery of raw materials as well as likelihood of disruptions.
At the start of the pandemic the demand (new patients) for PPEs went up dramatically. There were limited amount of supplies and surge in demand for N95 masks, ventilators, hospital beds etc.
We are at a point to deploy planning systems that are accurate and intelligent enough to more or less run the supply chain autonomously.