www.kinaxis.com The ferocity of the recession simply served to exacerbate and accelerate the underlying challenge of managing volatility. Traditional supply chain planning approaches were never designed to accommodate the degree of volatility companies are facing today. This paper highlights four steps companies should take to help them embrace the chaos and create supply chain strategies for the long-term:
⢠Get your data
⢠Establish a robust sense-and-respond surveillance system
⢠Empower people to collaborate
⢠Merge supply chain planning and execution
With these fundamental building blocks in place, a new and compelling best-practice bar will be established for S&OP, supplier collaboration, order promising, inventory management, and many more key supply chain processes.
