Larry Schwenk, global supply-chain breakthrough leader with Dow Chemical Co, guides us through the company's application of sales and operations planning to its logistics demand-planning process. A finalist in the Supply Chain Innovation of the Year competition.
A familiar concept is extended into the logistics arena, to help Dow Chemical Co. forecast both short- and long-term capacity requirements for transportation services.
A familiar concept is extended into the logistics arena, to help Dow Chemical Co. forecast both short- and long-term capacity requirements for transportation services.
In an environment of increasingly global competition, companies are depending on their supply chains to differentiate themselves in key markets, says Michael Woore, former program director of IT services with Technicolor.
Larry Lapide, research affiliate at MIT's Center for Transportation and Logistics, employs a maritime metaphor to dramatize the pressing need for companies to implement an effective sales and operations planning (S&OP) process.
So often our discussions about supply chain center on arcane details and limited stakes. Production delayed? Get ready to pay more for expedited transportation. Lost a supplier? Might mean empty shelves at the supermarket. Life goes on.
Dr. Chaman L. Jain, professor of economics in the Tobin College of Business at St. John's University, talks about how the demand-planning function has changed in his decades of observing global supply chains.