Your demand planning process is complete and demand statement is created; excellent, but the sales and operation planning journey is far from complete – the next critical step is matching or balancing assets (capacity, materials, people and projected supply of finished goods) with demand to answer three questions that are part of being a responsive
Supply chain planning improvement involves a series of projects separated by periods of institutionalization. Unfortunately during these periods there are many opportunities to regress to the “old ways of doing things”. Industry thought leader Lora Cecere mentions and depicts this phenomenon in her research through the use of orbit charts (see chart below).
Last post, I talked about the different mindsets as one goes through the planning, scheduling and execution of a family’s vacation to Florida. My attempt was to try and highlight the differences between the three stages. In this post, I will try and pull those concepts into supply chain planning.
In the supply chain world, we often talk about planning, scheduling and execution. In this two part blog post, we will try and explain this from two points of view: One from real life and another from a supply chain perspective.