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In theory, demand planning is the foundation for profitable operations. But in practice, it is often a difficult endeavor. Accuracy can fluctuate wildly, and companies tend to react to inaccuracies with new investments in technology, processes, and people. However, new investments do not guarantee better forecasts. There are often fundamental issues that need to be addressed before achieving positive results.
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Business plans need to be built on a foundation of solid intelligence: knowing what’s coming means you can plan responses proactively. Thus, in order to build a solid sales and operations plan, constraints through the entire supply chain need to be considered. Improving operational efficiency requires that you have the right inventory, in the right quantity, at the right time.
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By nature, outsourcing is highly imitative, with organizations attempting to duplicate the imperfectly observed successes of others. Indeed, the myths and simplistic beliefs revolving around outsourcing—along with the usual technological, organizational, and cultural barriers—seriously impediment the effectiveness of collaborative models. The key to successful collaborative teamwork in offshore outsourcing lies in understanding and leveraging project management best practices.
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The Age of Compliance: Preparing for a Riskier and More Regulated World
The three themes of governance, risk, and compliance (GRC) have been central to the management agenda for a decade. But whereas years ago it was the “C” in GRC that kept executives awake at night (and indeed was the impetus behind the development of GRC in the first place), in the post-crisis world it is the “R” that has risen to the top of the agenda. Learn about a more efficient approach to managing risk and compliance.
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Find out in balancing control and agility in the virtual environment.
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Thriving and Surviving in a Turbulent World
We can aspire to survive and even to thrive in a difficult environment if we are disciplined, bright enough and have the right tools such as a Demand and Supply Chain Planning suite to support and optimize our decisions. This article outlines an adaptive management process for manufacturing executives.
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Introducing Oracle s JD Edwards EnterpriseOne 9.1 and JD Edwards World A9.3
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