S&OP has never been more important or more confusing. For the supply chain leader, it is growing in importance and is on the top of the list for a 2014 focus. However, the market for technology solutions is confusing. We count more than thirty-five solution providers claiming to provide S&OP solutions with a range of capabilities. Here we share insights on why it matters. - Lora Cecere, CEO and Founder, Supply Chain Insights
Over the past five years we have experienced a dramatic change in the role that manufacturing has played as part of the fabric that ties together our global economies. No longer seen as simply "black boxes" in the supply network that simply consumed materials and produced products "” manufacturing has experienced a renaissance whereby investment has returned with an expectation of continued growth into the future. In today's demand-driven reality, the role of the factory has evolved to necessitate greater flexibility and an ability to adapt to real-time sales information, resulting in better customer satisfaction, efficiency and profits.
It's not enough to track goods domestically; supply chain managers must monitor shipments around the globe and account for the added complexity of moving goods across international borders.