Sales & Operations Planning (S&OP) as a process has been around since the 1980’s. While the terminology evolved, the underlying thesis of S&OP has stayed the same, i.e., bridge the divide between sales forecasts and operational plans while respecting the budget. In general, S&OP consists of a New product review, Demand Review, Supply Review, Management […]
The Executive Interviews conducted at the virtual ARC Industry Forum elicited interesting perspectives on the digital transformation journey in a post-COVID world. In a freewheeling interview, Patrick Van Hull, Industry Thought Leader with Kinaxis and Steve Banker, VP, Supply Chain Service at ARC Advisory Group, discussed the changing vocabulary in supply chain management and the […]
The rug has been pulled out from beneath us. Doing things the same way we’ve always done them will no longer serve us, so we can’t simply put it back in its place. In fact, the definition of pulling the rug out from underneath someone is that doing so causes their plans to fail, because […]
On Thursday, yield curves inverted and the stock market tanked. An inverted yield curve signals a recession in 14 to 20 months. Companies need to prepare by developing more agile supply chains. Integrated business planning and supplier risk management are critical tools.
Mike Reibsamen – the Director of Integrated Supply Chain – at Berry Global, spoke about Berry Global’s supply chain transformation at the Council of Supply Chain Management Professionals (CSCMP) annual conference in early October. Mr. Reibsamen’s primary point was that companies will get much better payback from their supply chain projects if they don’t do […]
Supply chain planning in the chemical industry is difficult because of the complexities associated with this industry. Optimization depends on models. The models for the chemical industry tend to be much more complex and detailed than in most other industries.