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Supply Chain Planning: Beware The 80/20 Rule
- January 11, 2022
- Posted by: Kenton Phillips
- Categories: Data Management, Sales & Operations Planning, Supply Chain Management, Supply Chain Planning, Technology
No CommentsThe 80/20 rule can provide a path to quick returns and fast answers, but it can also undermine strategic outcomes when used excessively in supply chain management.
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Success Impaired: Part 6 – Why Ill-Fitting Selections Happen and How to Avoid Them
- December 7, 2020
- Posted by: Kenton Phillips
- Categories: Sales & Operations Planning, Supply Chain Management, Technology
Selecting a well-fitting technology will help avoid both direct costs and opportunity costs of a poor modeling fit and enable your organization’s supply chain performance to push to increasingly greater heights, fully unleashing the benefits that flexible, responsive, optimized supply chain planning can offer.
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Success Impaired: Part 5 – Holistic Production Planning is Essential
- November 30, 2020
- Posted by: Kenton Phillips
- Categories: Sales & Operations Planning, Supply Chain Management, Technology
PRINCIPLE #5: The entire production operation should be accounted for when selecting detailed scheduling and S&OP/IBP layer technologies.
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Success Impaired: Part 4 – Accurate Modeling Is Top Priority
- November 16, 2020
- Posted by: Kenton Phillips
- Categories: Sales & Operations Planning, Supply Chain Management, Technology
PRINCIPLE #4: Accurate modeling and optimization capability should be the primary factor driving a detailed scheduling or S&OP/IBP technology purchasing decision for manufacturers as it is also the foundation of Industry 4.0.
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Success Impaired: Part 3 – Different Industry Groups Have Distinct Needs
- November 9, 2020
- Posted by: Kenton Phillips
- Categories: Sales & Operations Planning, Supply Chain Management, Technology
PRINCIPLE 3: Different industries have different levels of production complexity and therefore require different levels of production modeling capability.
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Success Impaired: Part 2 – The Subtle Blast of a Solver’s Approach
- November 2, 2020
- Posted by: Kenton Phillips
- Categories: Sales & Operations Planning, Supply Chain Management, Technology
PRINCIPLE #2: Solver algorithms add an obscure boon or barrier, but true optimization and synchronous solving approaches deliver the best outcomes.
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Success Impaired: Part 1 – Realistic Scenarios Require Accurate Modeling
- October 26, 2020
- Posted by: Kenton Phillips
- Categories: Sales & Operations Planning, Supply Chain Management, Technology
PRINCIPLE #1: If a solution cannot adequately model a production environment, then it cannot create realistic scenarios and it cannot optimize those scenarios.
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Success Impaired: Introduction
- October 19, 2020
- Posted by: Kenton Phillips
- Categories: Sales & Operations Planning, Supply Chain Management, Technology
The need for supply chain flexibility and resiliency has been a common theme in recent months, but achieving each is much more realistic than many supply chain leaders may imagine. S&OP and detailed scheduling technologies are key, but most have fallen short of delivering the promised value. This series addresses why.
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Success Impaired: Executive Summary
- October 12, 2020
- Posted by: Kenton Phillips
- Categories: Innovation, Sales & Operations Planning, Supply Chain Management, Technology
Supply chain flexibility and the benefits that come with it are often hindered by technology that should help. This series covers why.