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
 
When it comes to forecasting, planning and executing promotional investments with trading partners, few executives across Sales and Marketing have as clear a picture as do those...

Your ERP system is an untapped goldmine filled with data that can be interpreted to increase visibility, capacity, and control over your operations. Unlock its hidden potential with...


When carmakers make changes, be it launching a new model, adding or shifting a supplier location, or selling in a new market, they reverberate across the supply...


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....


With the increasing availability of Point of Sale (POS) and other downstream data over the last decade, companies selling through retail channels have strived to use such data to...



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
Global manufacturing remains lacklustre in August
   Source: J.P.Morgan Global Manufacturing PMI   -  IHS Markit



Retail

The retail sector is always on the move. Whether this involves shopping centres, shops in inner city locations or at airports – trends change very quickly and the goods change just as rapidly too. To keep up with these developments, highly complex and process driven supply chains are needed. With our...



Education
 

Local & Regional Agenda
 


Resources
 
FLORIM CERAMICHE SPA: On the road to Industry 4.0: advanced planning & finite capacity scheduling

Florim Ceramiche SpA has been worldly recognised as a leader in ceramics industry for more than 50 years, thanks to its committment to research, innovation and social responsibility. Florim business style can be summa...

The Connected Value Chain: Creating Durable Value with Digital

Today’s businesses are faced with a dizzying array of digital promises—and threats: the Internet of Things, wearables, additive manufacturing, big data and analytics, gamification, ubiquitous access, and hype...


International Agenda