To size our stocks and replenish our products, we need to use a demand assumption. In a Demand Driven approach, the supply chain is scheduled based on real consumption, but for consumption to occur, it must have been initiated by available products, supplied based on a demand hypothesis.
The old-fashioned S&OP is a laborious and sequential process. The end of the month has just been closed. We know the sales, after aggregating inputs from all countries. We compare actual sales with forecasts, we generate statistical forecasts for the coming months, and we start the process of collaboration with the different marketing and sales … Read more
The concept of the supply chain control tower has become very popular. But what exactly does it mean? Magic keywords abound in this field: Digitalization, advanced analytics, end-to-end, big data, collaborative, real-time, etc. All this sounds attractive, but what is the reality behind the gimmicks? What is a supply chain control tower and what does … Read more
Competition is more intense than ever. Companies closely monitor consumers and track the actions of their rivals. New products are rapidly copied and replicated. Companies must maintain a compelling and thoughtfully priced product range, but they will have difficulty standing out in the market without excellent service levels. In fact, research suggests that 80% of … Read more
