"Sometimes buzz begets buzz." That's Patrick Bower's explanation for why sales and operations planning (S&OP), hardly a new concept, has become so important to companies today. According to the senior director of corporate planning with Combe Inc., globalization has had a big influence on companies looking for ways to plan demand within increasingly complex supply chains.
The decision by the U.S. and the European Union to recognize each other's trusted shippers is expected to save those companies money through speedier customs authorization.
Companies wonder how often they should meet in order to achieve maximum information-sharing within the organization, as part of an effective sales and operations planning (S&OP) process. "As often as they need," advises Sanjiv Sharma, head of sales and operations planning with Rolls-Royce Energy Systems. "As little as they can get away with."
APQC, a member-based nonprofit specializing in benchmarking, knowledge management, measurement, and process improvement, wants to know whether you think third-party logistics services providers and 4PLs are meeting their customers' needs.
The number of "active, for-hire carriers" registered with the U.S. Department of Transportation (DOT) is 166,810, an increase of 8 percent, or 11,570 since February 2011, according to the State of the DOT report released by QualifiedCarriers.