If you lived in an earthquake zone or hurricane region, you would design your house to be resilient to these inevitable disasters. Your safety and survival come before efficiency and cost. Your supply chain is not any different.
When you acquire S&OP solution by itself, you are getting only half the solution that is needed to plan and execute the plan. That is why so much manual and sub-optimal planning is done with today’s S&OP solutions.
Gartner is advocating composable business architecture for real-time adaptability and resilience in the face of uncertainty. One of the major components of such an architecture is composable technology.
Looking back over the past few decades there is every indication that more intelligent robots will be replacing jobs. Most of the jobs lost in the past have unfortunately been lower skill jobs in manufacturing.
Let’s say you plan your vacation to drive from LA to San Francisco on a certain date, weeks or even months ahead. How accurate is this plan?
Almost all supply chain planning vendors use attributes only for finished goods in order match demand to available supply. This is not what Attribute Based Planning (ABP) is all about!
Thanks to Covid-19 almost every supply chain is being re-examined to become more resilient. But there is only so much you can do! There are external factors over which you have no control such as demand changes, up or down, tariffs or dock worker strikes!
Many supply chain leaders view Sales & Operation Execution (S&OE) as a bridge between S&OP and execution. Although metaphorically it helps to identify the complimentary power of S&OE, however it does not reflect the real value and power of S&OE.
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.
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.