• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • SCB YouTube
  • Login
  • Subscribe
  • Logout
  • My Profile

  • CORONAVIRUS
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Supply Chains in Crisis
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • REGIONS
    • Asia Pacific
    • Canada
    • China
    • Europe
    • Latin America
    • Middle East/Africa
    • North America
  • THINK TANK
  • WEBINARS
    • On-Demand Webinars
    • Upcoming Webinars
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » Watch: Planning in the Face of Chaos
VIDEO

Watch: Planning in the Face of Chaos

July 25, 2022
Russell W. Goodman, SupplyChainBrain

Artificial intelligence-based prescriptive analytics enable a network approach to planning in volatile times, says Joe Bellini, executive vice president of product management at OneNetwork.

Pandemic-inspired uncertainty resulted in buffers of inventory and other excesses. “What we have now is the worst situation of all, where the plans have all that excess investment in them, working capital and so forth,” Bellini says. “And we still can't execute to them because of all the disruption.”

The solution, he says, is to design the execution piece so all the moving parts are aware of each other. “We can actually do a multi-party, multi-tier model of our network. We can do it in real time, all using the same data. And therefore, as things begin to shift and change, we can react to it in real time, rather than have to push things into planning and hope for the best, which hasn't worked out so far, as everybody sees.”

In addition to the challenges brought on by the pandemic, there’s opportunity as well, Bellini says. Companies were forced to operate with lower inventories of the mix and volume they wanted to deliver to market. “They said, that's bad in a way, because we're not able to service to the level we want to, but in another way, we've had to learn how to operate with less inventory in our networks,” says Bellini. “So as we return to normal, they say, what should we look like in the future? Wouldn't it be great if we could continue to operate in this sort of make-to-order world that we all got somewhat used to during the pandemic with limited supply? Is there a way to operate more like that permanently? Can we actually increase our customer service levels but also decrease the working capital required to hit those service levels along with the labor [required]?”

 

RELATED CONTENT

RELATED VIDEOS

Data Management (Big Data/IoT/Blockchain) Supply Chain Planning & Optimization Artificial Intelligence
  • Related Articles

    Watch: Building Resilience in the Face of Supply Chain Disruptions

    Demand Planning: Optimizing the Profession in Face of Greater Pressures

Russell W. Goodman, SupplyChainBrain

Watch: Changing Supply Chain Strategies in Healthcare

More from this author

Wake up to live
“Supply Chains in Crisis”
updates and the latest Supply Chain News!

Subscribe to our Daily Newsletter

Timely, incisive articles delivered directly to your inbox.

Popular Stories

  • FedEx

    Can Rival Shippers Join Forces to Optimize Transportation?

    Logistics
  • This Uber-Like Solution for Trucking Grains Could Optimize U.S. Agriculture

    Supply Chain Data Is Key to Solving Global Food Crisis

    Supply Chain Security & Risk Mgmt
  • data

    Podcast | Quantum Computing for the Supply Chain: Is It Here Yet?

    Technology
  • code

    Achieving True Visibility Through a Supply Chain Control Tower

    Data Management (Big Data/IoT/Blockchain)
  • food warehouse

    Surging Retail Inventories Are Swamping U.S. Warehouses

    Transportation & Distribution

Digital Edition

Scb august 2022 sm

100 Great Supply Chain Partners of 2022

VIEW THE LATEST ISSUE

Case Studies

  • Returns Management SaaS Saves Retail Giant $4 Million Monthly

  • 3PL Doubles Productivity With Robots to Fulfill Medical Supply Orders

  • E-Commerce Company Cuts Order Fulfillment Time by 40%

  • Fashion Retailer Halves Fulfillment Time With Omichannel Automation

  • Distributor Scales Business by Integrating Warehouse Automaton Software

Visit Our Sponsors

Yang Ming Alithya Barcoding
Blue Yonder BNSF Logistics CoEnterprise
Data Capture E2open Generix
Geodis GEP GreyOrange
Here Honeywell Intelligrated IFM
Inmar Keelvar Kinaxis
Korber Liberty SBF Locus Robotics
Logility Lucas Systems Nvidia
Old Dominion ORTEC Parsyl
PMMI QIMA Redwood Logistics
Ryder E-commerce by Whiplash Saddle Creek Logistics Schneider Dedicated
Setlog Holding AG Ship4WD Shipwell
Tecsys TGW Systems Thomson Reuters
Tive Trailer Bridge Vecna Robotics
Verity Verusen  
  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • On-Demand Webinars
    • Upcoming Webinars
  • Digital Offerings
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • Newsletters
  • Resources
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
    • 100 Great Partners Form
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us
    • Data Sharing Opt-Out

All content copyright ©2022 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing