Skin ADV

eng
About   |   Newsletter
Demand & Supply Chain Management Evolution


Supply Chain Topics

Topics > English > Scenario Planning  

Scenario Planning

The Point of View of Quintiq


How do you become a scenario planning expert?
by Ilka Schulte - Marketing Executive, Quintiq

What if:
- You lost one of your biggest clients tomorrow?
- A product launch had to be delayed?
- One of your suppliers hit a bottleneck?
- Would you know what to do?

A lot of people wouldn’t. A scenario planning expert would.

When Dr. Freek Aertsen co-hosted a Quintiq webinar with Dr. Michiel Jansen on scenario planning towards effective S&OP, he asked participants how often they conducted scenario planning. 24% of respondents did very little or none at all. 48% only conducted scenario planning when discussing changes in demand versus forecast.

These numbers are reflective of industry averages. Given how vital scenario planning is to a company’s stability and profitability, I’m always surprised at these results. Supply chains are complex. If, for example, one of your suppliers is suddenly unable to provide what you need, it is essential to have a plan in place so you don’t lose any revenue or customers. Most people agree with this, so what’s stopping them from including scenario planning in their sales and operations planning (S&OP) process?

Dr. Aertsen explained that it usually comes down to three things:
- companies lack the correct tools,
- they feel it’s too complex
- and they think they don’t have the time.

 


read more >>
(external link)




-------------------------------------
Would you like to add your standpoint for this topic?
Contact SCM Portal at info@scm-portal.net



--------------------------

Please find hereafter some documents of interest related to "Scenario Planning". To refine this search, please select or change your language of interest.


Language Filter

1 - 5 of 148
Pages (30)  [  1  2  3  4  5    >  >> ]

DOCUMENTS
 
Despite fluctuations in our global economy, globalization and outsourcing trends have continually accelerated. In a globalized and outsourced environment, managing the performance...

In the consumer electronics industry, product shelf lives are short and, according to Gartner, the greatest margin occurs during a successful product launch. So it’s not...


Once, the objective of S&OP was to create a feasible plan. Today companies view sales and operations planning as a means to execute corporate strategy. A successful S&OP...


The oil and gas industry is highly vulnerable to change. From economic upheaval to natural disasters, your ability to make smart decisions is key to your success or failure....


The global BPO market is expected to grow at an average of 6.5% per annum until 2015, driven both by the continued growth of the traditionally outsourced areas of finance and...


1 - 5 of 148
Pages (30)  [  1  2  3  4  5    >  >> ]



 
           Circular Economy     Industry 4.0     Blockchain 

     Internet of Things     Omni Channel 


Join us on


News & Trends
 

Last update 4 Sep 2019
Manufacturing PMI lowest for almost a decade as export decline intensifies
   Source: Markit US Manufacturing PMI ™  -  IHS Markit
United States 


Fashion

Today’s omni-channel marketplace means competition is increasing, consumers are demanding more relevant products, inventory lifecycles are shorter and fulfillment is incredibly complex. Business conditions are constantly changing, which means you need the flexibility to adapt quickly and continu...


Predict What’s Next in Category Management

Ever wish you could peer into the future and see what’s coming next? To better understand what technology investments are being prioritized to reach the modern shopper, we surveyed more than 130 category managem...


Education
 

Local & Regional Agenda
 


Resources
 
Erema: Gaining a competitive edge through preferential exports

Erema, an Austrian manufacturer of recycling systems, uses AEB software to accelerate the proper classification of its components, manage supplier’s declarations, and ensure compliance in its exports. Erema ship...

Reshaping The Interface Between Marketing And Operations In Globalizing Furniture Supply Chains

Over the past few decades, international fragmentation of production and offshore outsourcing have remarkably altered the organization of Western supply chains. Particularly in low-tech, manufacturing sectors, the fast s...


International Agenda