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Blog Tag: supply chain modeling

The Supply Chain Digital Twin: Is It Just Another Fad?

A lot has changed. Simulation and modeling software allow organizations to create realistic and verifiable supply chain digital twins of their supply chains. Data mining techniques along with inputs from Internet of Things (IoT) sensors allow them to feed real-time data into models. They can monitor and determine what’s happening

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What’s the Difference between S&OP and IBP?

While most agree that adding a financial aspect enhances S&OP, there’s often a completely different understanding about its importance. So, let’s dig a bit deeper to understand the difference between S&OP and IBP. What Is S&OP? The first problem when trying to develop an understanding of S&OP is that the

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