Topics > English > Scenario Planning |
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)
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
|
|
News & Trends
| |||||
|
![]() 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... |
Leveraging Demand and Supply Planning to Unlock the Value of MRP
![]() Both demand and supply planning and materials requirement planning (MRP) have been around for a long time. It’s hard to imagine a modern manufacturing company without either one. With a robust MRP system, manufa... |
Education
![]() ![]() | |
|
Local & Regional Agenda
|
|
|
|
Resources
| |
Tudor Rose International increases productivity through integrated SCM platform ASSIST4
![]() Tudor Rose International is Europe’s leading export market management company specialising in building brands around the world. In business for nearly 30 years, the innovative company mastered an ambitious IT mo... |
Order Placement And Distribution: Their Impact On Satisfaction And Word Of Mouth
![]() One of the key dyadic relationships across supply chain is between logistics service provider and the manufacturer. Over time the concept of logistics service provider developed toward service offering of greater complex... |
International Agenda
|
|
|
|