Our S&OP expert Erika Barber is discussing the need for a Second Look at Supply Chain Planning Rules after the turmoil faced in recent years. In this webinar, she is reviewing some of the Supply Chain rules that we are currently using, examining their validity in today’s world, and then trying to answer some of the difficult questions faced by SC managers today:
We have been hearing of various companies surviving the pandemic by pivoting their processes and/or their products to a new direction. To do that, they had to capitalize on the relationships with their vendors. These relationships require more than “purchasing”, which is a reactive process. It is developed through “procurement” – a proactive process. We will discuss the difference between the two, and how focusing on the latter will better prepare you for future disruptions.