6-5-20
Supply chain control towers have come of age. The concepts that allow modern control towers to support agility are easy to describe. The technology that empowers these concepts are quite complex.
To support supply chain agility a control tower needs to do the following:
- Provide near real-time visibility to inventory, shipments, and risks.
- Provide support for concurrent planning. Organizations have different plans for supply and demand planning. They have different types of plans for long range, intermediate, and near-term planning. With concurrent planning, these plans are connected. A change in manufacturing scheduling, for example, ripples up to the integrated business plan. Changes in short-term demand forecasts get highlighted in the supply plans.
Continue reading on forbes.com.
