Adopt Planning Capabilities That Enable Modeling and Scenario Analysis

Published On:
June 15, 2022
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Whether supply chain leaders are trying to figure out the optimal supplier network, where to locate inventory, or how customer demand patterns will be affected by a new product launch, they need more than a simple review of historical data. Factoring in the varying key performance indicators (KPIs), plans, and data inputs requires a structured approach to asking “What if…?"

To build the capability to model and analyze varying outcomes, organizations can turn to scenario planning. In addition to reviewing the role that scenario planning plays in supply chain, this article includes cross-industry data to show the tangible benefits this practice can help organizations achieve.