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White Paper Description
Forecasting and planning conventions dictate that planning far into the future is a necessity. But is long-term planning really the most productive way to organize your business? No, not really. Detailed forecasts and plans are needed only inside the “planning time fence”—a critical period for acquiring specific components and building certain products—and for many companies, only four to eight weeks into the future.
Related Topics: Asset Management, Computerized Maintenance Management System (CMMS), Data Management and Analysis
Related Industries: Manufacturing, Finance and Insurance
Related Keywords: Supply Chain Consultants, planning time fence, detailed forecasting and planning, demand and supply, S&OP, rough-out capacity planning, lean manufacturing, demand driven, sales and operations planning, aligned versus non-aligned resources
Source: Supply Chain Consultants (SCC)
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