Hard to believe, but profitability hasn't been the driving force behind sales and operations planning within most businesses - until now. Gregory Schlegel, adjunct professor of supply chain risk management at Lehigh University, explains why.
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.