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
 
Look beyond the usual checkboxes and discover:
- Why a system that captures all your rules and regulations isn't enough (Hint: What happens when the rules change?)
- Why...

Economic volatility over the past several years has been illustrated by the highly unstable customer demand, raw material, fuel, and commodity prices. Most recently, it has...


Wholesale Distributers are faced with growing costs, shrinking margins, new competitors and demanding customers. Effective supply chain management is what often separates successful...


Spreadsheet use pervades every aspect of corporate life. But, while it’s easy to get an answer from a spreadsheet, it may not be the right answer. Many supply chain management...


Supply chains and their associated logistics networks are becoming increasingly complex with companies facing business challenges such as globalization, omni-channel commerce,...



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 8 Dec 2018
Global manufacturing remains subdued in November
   Source: J.P.Morgan Global Manufacturing PMI   -  IHS Markit



Chemicals & Pharmaceuticals

Maximum safety and reliability and reducing the costs for our customers at the same time: we are able to offer the chemical industry an extensive range of chemical logistics services that hardly any other logistics specialist can match. It is our goal to harmonise our services with your specifications in s...


Oracle Study Reveals Global Retailer Anxiety towards Omnichannel Capabilities Ahead of Holiday Season

2018 Mobile Retail Insights Report Reveals Consensus Around Mobile Strategies and Emerging Logistics and Personalization Concerns Global retailers of all sizes have significant concerns over their ability to keep pace...


Education
 

Local & Regional Agenda
 


Resources
 
HOYER: Future-Proofs System for Managing Intermodal Rail, Road, and Sea Transport to Meet High Growth Potential

HOYER is an independent family enterprise that dates back to 1946, and which has become one of the world’s leading bulk-logistics providers, offering comprehensive transport services and complex logistics soluti...

Supply & Demand Chain Executive Special Issue

Take a look at this special issue of Supply & Demand Chain Executive magazine, all about the Virtual Enterprise and its enabler, the business network. As Dr. Marcell Vollmer, COO of Ariba, says,“Business is no ...


International Agenda