Supply chain planning is undergoing some major structural changes. Access a complimentary copy of this report to get insights into how to transition your traditional deterministic supply chain planning process into next-generation, resilient supply chain planning.
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There is no doubt in anyone’s mind that supply chain planning is critical to success, especially in today’s highly uncertain times. However, supply chain planning has seen only incremental changes over the past decade. Even innovations in machine learning and AI are augmenting the traditional process of forecasting demand and then propagating the demand signal back into the supply chain. Every company still aspires to the mythical one number plan when it is nearly impossible to arrive at one that can realistically be executed.
“The challenge is that any plan is only good at the moment it is generated. Real life takes over and unforeseen events occur, or foreseen events occur at a faster pace than expected, making the plan infeasible to execute. Companies must transition to another type of supply chain planning that is closely linked with execution and accounts for the uncertainties of real-world scenarios that companies grapple with on a daily basis.
Access this Gartner research to prepare for the future of supply chain planning!
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*Gartner Mastering Uncertainty: The Rise of Resilient Supply Chain Planning, Tim Payne, 15 November 2019
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