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Empowering Value Chain Know-How
It provides recommendations on how to deal with problems in the value chain that are difficult to solve.
Production and Inventory

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Consequences of making frequent re-adjustments to production planning and scheduling
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Investigating the root cause of the production planning and scheduling readjustment is critical. It can be due to shortages of raw material inventory. Supply chain professionals should manage bills of materials from a stable buffer stock of raw materials received from multiple suppliers in order to generate steady, predictable workflows. The supply chain faces a serious problem if forecasts and planning do not match up, resulting in a major breakdown in the supply chain efficiency.
Forecast errors often lead to disruptions in production planning. It is also very important to improve the forecast by adopting data-driven, highly-visible demand and forecasts. In order to create production planning with fewer disruptions, use of advanced analytics helps in creating strong forecasts in place and high visibility into the actual production floor operations, but also focusing on process adjustments that might make the whole production planning and scheduling process more efficient.
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