Posts tagged as 'Scenario management'

Is your control tower unresponsive?

Dr. MadhavDurbha

Supply Chain Control TowerAs I finished dinner, I was ready for some entertainment. What better entertainment is there than the latest scoop on the US Presidential election! This thing is more exciting than “House of Cards” season 4. Well, I have to say this. That season 4 was flat. Ok… I digress. I switched on the TV in anticipation. “…. when we return from the break” said the cheerful TV anchor. Then started the commercial break.

As I was getting ready to switch channels, this ad started playing. A group of armed masked men storm into a bank. The customers downed to the floor in fear. They look at the man in the uniform and ask him to do something. The man in the uniform nonchalantly reports back saying “I am not a security guard… I am a security ‘monitor’. I only notify people when there is a robbery”. Then he goes on to announce “There is a robbery” as the confused robbers and customers look at each other. Then comes the text “WHY MONITOR A PROBLEM IF YOU CAN’T FIX IT?”

So true! Why monitor when you can’t fix? That made me think of my credit monitoring service. Yes, I do get quite a few alerts. But most of them don’t tell me what to do about them. A bit like some of the supply chain control towers in the market. They alert you about a problem. But they do nothing to fix it… sort of like the “security monitor” in that ad. Yes. “Monitoring” is necessary for a control tower, but not sufficient. A best in-class supply chain control tower enables a “Plan, Monitor, Respond” paradigm. This type of control tower “monitors” the internal and external environment for threats or surprises that could derail the supply chain “plan”. The threat could be a developing weather pattern delaying shipments, a promotion performing exceedingly well resulting in out of stocks, a production line going down, or a potential miss from the budget plan three months out.

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Keeping up with supply chain innovation at Lockheed Martin Aeronautics

LoriSmith

As mentioned last week, SupplyChainBrain recently completed a number of video interviews with some customers, analysts, and Kinaxis executives. These videos are jam packed with great content and I suggest you check them out (free registration to view, but well worth it!) Each Friday for the coming weeks, we will be highlighting some of these […]

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Kinaxis life sciences newsletter: Featuring complimentary analyst case study report on Amgen

LoriSmith

We are in the final days for offering complimentary access to the Kinaxis life sciences newsletter, which includes a Gartner Case Study: How Amgen Reinvigorated Its Supply Planning Process (Barry Blake, Hussain Mooraj: May 18, 2011).  According to the Gartner Case study, long supply cycle times require life science manufacturers to balance supply commitments, capacity management and product […]

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