Clarkston Supply Chain Experts Share Insight on Autonomous Supply Chain Planning
Clarkston Consulting’s Linda Plumley and Elizabeth McGuire were recently featured by Outsourced Pharma, and others (Pharmaceutical Online, BioProcess Online, BioSimilar Development, Med Device Online and Cell and Gene) for details on autonomous supply chain planning. Read a few excerpts from the piece below or the full article here.
October 19, 2022 | Durham, NC
Autonomous Supply Chain Planning Is Within Reach
There is genuine concern among many supply planning experts that, based on recent and unprecedented worldwide events, conventional demand and supply planning processes may not be adequate and could very well be on the verge of becoming obsolete. Today, many methods and models used within supply chains rely on historical data reviewed on a monthly cadence to predict what will happen tomorrow. However, the heightened speed of change is impeding the ability to effectively execute a response. This leaves supply chains faltering with over- and/or under-indexed inventories, expenses, and dissatisfied consumers.
The Promise of Autonomous Supply Planning:
- Tactical response to demand change requests down to hours, not days or weeks
- Detection of unusual demand patterns and identifying the source for faster recovery
- Provide scenarios and recommendations to maximize revenue and profits
- Improved materials requirement planning (MRP) and production planning
- Optimized inventory levels at the right place and at the right time