Preview

Review of Scenario Planning

Powerful Essays
Open Document
Open Document
8515 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Review of Scenario Planning
Global Supply Chain Survey 2013 This year’s global supply chain survey by PwC shows how Leaders are moving ahead of the pack. They’re tailoring their supply chains to customer needs and investing in next-generation capabilities while keeping the focus on supply chains that are both fast and efficient.

Next-generation supply chains Efficient, fast and tailored

www.pwc.com/GlobalSupplyChainSurvey2013

Contents

Executive summary

Executive summary Introduction Detailed survey findings Industry-specific dashboards About the survey Acknowledgements Related reading

3 6 8 20 32 33 34

Macroeconomic cycles of growth, contraction and recovery have become erratic. Together with natural disasters that affect both operations and sales, they have made reliable end-to-end supply and demand planning increasingly challenging.

Successful management of extreme market and demand volatility has become the new mantra of supply chain managers around the globe. Macroeconomic cycles of growth, contraction and recovery have become erratic, making reliable end-to-end supply and demand planning increasingly challenging. Disruptions caused by recent natural disasters have added to supply chain volatility. In business-to-business relationships, long-term loyalty and predictable order flow seem to have become relics of the past. At the same time, customers are tightening their requirements in terms of throughput time and perfect-order delivery while demanding continuous reductions in supply chain cost. The increasing use of online channels is driving the reduction of response times and forcing supply chain managers to find new answers for global micro-delivery of multiple small-customer orders, instead of the large-batch movements. Maximising supply chain flexibility and managing multiple supply chain configurations have become the new imperatives for today’s supply chain executives. In addition, radiofrequency identification (RFID) and other digital technologies lead to

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Scenario Evaluation Plan

    • 741 Words
    • 3 Pages

    When an organization is trying to reorganize and create new programs, they will use an evaluation plan to do this, an evaluation is a very important step in the development and implementation of the organizations program and projects they are trying to develop. It’s important to have a solid foundation to carry out the mission, goals, and the objectives, and it’s also important to have a way to define success and failures through the proper use of evaluation techniques, appropriate reporting, and having the right tools to carry out the programs. It can be challenging for an agency to decide if they should use a process evaluation or an outcome evaluation plan. The main objective of an evaluation technique is to provide for the state the agency is in, tell how – well or how poorly the programs are working, what may need to be done or changed, and how they are keeping up to meet their goals mission, and objectives.…

    • 741 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Scenario Evaluation Plan

    • 790 Words
    • 4 Pages

    PEACE Domestic Violence Agency is dedicated to the community in reducing victim trauma, empowering survivors, and to promote recovery through direct services. The objectives are to promote the well-being of people who has been affected by domestic violence, and to educate people about domestic violence. So basically this program is there to help those who need it the most people who think they cannot get out or people who need to know the facts about domestic violence and what it can do to people and their families. The program is available to everybody who could be exposed to violence whether it’s domestic violence, rape or abuse.…

    • 790 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    SCM401TRsp2015 1

    • 4526 Words
    • 18 Pages

    Fierce competition in today’s global markets, the introduction of short life cycle products, and the heightened customers expectations have forced the business enterprises to invest in, and focus attention on, their supply chains like never before. In industry after industry supply chains have been radically transformed over the last ten years. Initially the enablers for change were fast and cheap computer processing power along with standardized data communication. Recently the combination of enterprise information infrastructure and internet has paved the way for a variety of supply chain optimization technologies. In line with these developments, this course focuses on management and improvement of supply chain processes. The primary objectives of the course are:…

    • 4526 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    Fireside Tire Company

    • 377 Words
    • 2 Pages

    References: Coyle, J., Langley, J.C., Gibson, B.J., Novack, R.A., and Bardi, E.J. (2008). Supply Chain Management: A logistics perspective. South-Western Publishing. Mason, Ohio…

    • 377 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    A supply chain is the end-to-end processes that start with creating and developing a product or service and it ends when the final product or service is delivered to its users. These processes start from the suppliers of raw materials and end at the end users. Supply management is responsible for forecasting and managing demand as well as for getting the materials and parts, scheduling production, manufacturing, assembly, testing, inventory storage, distribution, and delivery. The supply chain has a complex infrastructure that consists of the following components: Planning, Production, delivery logistics and return processing. All of these components consist of many other sub-components that are essential for a successful supply chain process. This paper will discuss how the internet enhances the supply chain process and will explain how the supply chain process differs from a B2B site to a B2C site.…

    • 806 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Like many of Poe's story's, no one really know the mystery behind Poe's dark and mysterious death. Within Poe's death there is two main theory's to how Poe actually died. One of the theories to Poe's death is that Poe died from alcohol. This theory explains that because of Poe being drunk he had got an illness from the cold and rain leading to a faster death. the second theory states that Poe had been bit by an animal and had died from rabies. No one knows for sure how he died and we may never know the mystery. However, I believe the well-known literary genius died from alcohol I think this because Poe was a known drinker and throughout his life you will notice that he drank more when he had been going through a death or heart break. In Poe's life at that time was when Virgina and his mother/parents had died he had also tried to love again but not work in his favor. Poe dying because of alcohol is the…

    • 644 Words
    • 3 Pages
    Good Essays
  • Best Essays

    References: Bianco, D. (2011). The business encyclopedia 2nd Ed. Retrieved March 28, 2011, from http://www.referenceforbusiness.com/encyclopedia/Str-The/Supply-Chain-Management.html.…

    • 2393 Words
    • 10 Pages
    Best Essays
  • Good Essays

    Project Procurement

    • 504 Words
    • 3 Pages

    With the increased globalization, competition and complexity in global supply chains, more companies have realized that supply chain management is critical to the optimal organizations overall operation. It is not longer just the responsibility of the warehouse manager and logistics director. In the past, many organizations didn’t manage their supply chains they left that up to the suppliers. Usually the supply chain planning, marketing, production and inventory management in most organizations operated as separate departments (Stevenson, 2009). Businesses have recognized the strategic importance and the need for effect and efficient supply chains in operations management (Stevenson, 2009).…

    • 504 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Chapter Summary 15,17,18

    • 862 Words
    • 4 Pages

    According to the chapter supply chains are seldom static. They are constantly changing and evolving as a result of strategic changes taking place within the firm, competitive actions, changes in technology, and shifts in targeted customers or in customers’ needs. Supply chain management (SCM) is now a fact of life. Increasingly managers, researchers, and educators recognize the importance of SCM as both a strategic and tactical weapon. However, the practice of supply chain management is ever changing. Initially, the supply chain was viewed as an entity that was primarily concerned with the upstream suppliers and supplier management. By the mid 1990s, there was a change in orientation. The focus has shifted from the upstream to the entire supply chain. As we move into the middle of the first decade of the 21st century, we are seeing another shift in focus from supply chain management to strategic supply chain management. As this transition takes, there is a strong need for researchers, managers, and educators to reassess the current and future stages of supply chain management with the goal of identifying, presenting, and implementing a new…

    • 862 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Scenario Evaluation Plan

    • 718 Words
    • 3 Pages

    PEACE Domestic Violence Agency’s main purpose is to provide victim support and shelter, victim advocacy and education, and empower those who are directly or indirectly affected by domestic violence. To continue helping the many who suffer from domestic abuse, PEACE Domestic Violence Agency will develop an evaluation plan to assess the program services and the effects those program services have on participant’s lives. The purpose of the evaluation is so PEACE can either show means for improvement on provided program services or show means for eradicating the program service all together. The decision to eradicate a provided service or implement improvements is the primary purpose of the assessment.…

    • 718 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    The goal of this course is to cover high-level supply chain strategies and concepts while introducing the analytical tools necessary to solve supply chain problems. As the function of supply chain management is to design and manage the processes, assets, and flows of material and information required to satisfy customers’ demands. Supply logistics related costs account for 20-25% of a typical firm’s total cost. On the revenue side the supply chain decisions have a direct impact on the market penetration and customer service. Globalization of economy and electronic commerce has heightened the strategic importance and of supply chain management and created new opportunities for using supply chain strategy and planning as a competitive tool. Electronic commerce has not only created new distribution channels for consumers but also revolutionized the industrial marketplace by facilitating inter-firm communication and by creating efficient markets through trading communities. Moreover combination of enterprise information infrastructure and the Internet has paved the way for a variety of supply chain optimization technologies.…

    • 1561 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    “The basis of competition for winning companies in today’s economy is supply-chain superiority,” says Kevin O’Marah, vice president of research at AMR Research. “These companies understand that value-chain performance translates to productivity and market-share leadership. They also understand that supply-chain leadership means more than just low costs and efficiency — it requires a superior ability to shape and respond to shifts in demand with innovative products and services.” INCLUDES AMR RESEARCH SUPPLY CHAIN TOP 25 DISTRIBUTION: 11 QPS B DOMESTIC EURO PE LATIN AM ASIA XX XX XX XX FILENAME HERE CMYK…

    • 3577 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Supply Chain Risk Management

    • 6343 Words
    • 26 Pages

    Risk management practices, techniques and tools have been used extensively in the financial community for years. Risks with respect to a company’s supply chain have begun to receive attention only more recently, as the push to increase supply chain efficiencies has illuminated the delicate balance between financial considerations and those of the customer. During the last twenty-odd years, supply chain management practices have evolved toward more lean process approaches in order to reduce waste within the overall chain. Concepts such as just-in- time, virtual inventory, supplier rationalization, and reductions in the number of distribution facilities have reduced total supply chain costs, but the result has been increased risk. Trade-offs between achieving optimal supply chain efficiencies and management of supply chain risk have created a conundrum of sorts. Businesses have witnessed many supply chain malfunctions (with substantial consequences) due to supply and demand disruptions: the affected companies reported, on average, 14% increase in inventories, 11% increase in cost, and 7% decrease in sales in the year following the disruption. 1, 2 Today’s industrial supply chains face risks from many…

    • 6343 Words
    • 26 Pages
    Powerful Essays
  • Good Essays

    Flood of the century or not, tech companies are taking steps to limit their exposure to the next traumatic event. Some are revising their inventory models; others are implementing supply chain software and setting up Web supplier hubs. Everyone wants tighter collaboration with suppliers and timelier information from customers. Tech companies are trying, in short, to make their supply chains shorter, transparent, and as flexible as possible. Rethinking of supply chain management at large networking, telecom equipment, PC and chipmakers is the remedy in this unstable condition. The consequences have proved tremendous resulting in huge amounts of write-offs, including, Cisco’s 2.25 billion and Altera’s 115 million. Together with the inventory glut there are several other problems we need to mention, including, volatile demand, forecast uncertainty, and the communication gap amongst partners of the supply chain. We will dive into each of these issues in more detail as we discuss the following questions below:…

    • 760 Words
    • 4 Pages
    Good Essays
  • Good Essays

    In an increasingly uncertain global economic climate, the challenges facing businesses today have changed significantly over the past few decades, and equally so have academic perspectives and topical management trends.…

    • 5388 Words
    • 22 Pages
    Good Essays