The Finance of Forecasting (S&OP is Only the Start)

Fall 2022

Journal of Business Forecasting Volume 41 | Issue 3 | Fall 2022

The lead article of this issue invites us to consider how over-optimized supply chains caused critical vulnerabilities well before COVID hit, and were equally to blame for supply shortages as spikes in demand. It discusses how we should reconsider our approach to Lean Methodology, SKU proliferation, BOM complexity, and inflexible production in order to avoid the same supply shortages when the next disruption hits. Other highlights of this issue include a breakdown of why IBP isn't working for GMOs and best practices for new product forecasting.

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