Redesign, Smart and Digital Enablement of Sales and Operations Planning Processes: A Study of White Goods Manufacturing

Küçük Resim Yok

Tarih

2023

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Springer Science and Business Media Deutschland GmbH

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Araştırma projeleri

Organizasyon Birimleri

Dergi sayısı

Özet

Traditional sales & operations planning (S&OP) processes have lack of speed, accuracy, and availability in today’s digital age and global epidemic environment. In addition, major domestic appliance industry faces the challenge of increasing complexity in channel, customization, product, facility location, component and supplier dimensions, which brings the necessity of effective and timely planning processes. Redesigning and digital enablement of S&OP processes can provide real-time analytical capabilities in the supply chain, thereby helping stakeholders to focus on the most pressing issues. While increasing complexity brings the availability of big data, it has become another challenge for the industry to collect, interpret and use this data in advanced analytics techniques. Manufacturers and distributors in the white goods industry apply various data governance approaches in line with their supply chain capabilities and structure. This chapter discusses the concept of digital transformation related with S&OP and how it can benefit the white goods sector. Having the network structure and inventory strategy as initial inputs, we re-evaluate the S&OP cycle starting at demand planning by revisiting forecasting hierarchies, horizon and frequency and applying artificial intelligence (AI) based algorithms, supply planning process with real time data, and scenario generation with the financial impacts of each alternative. © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.

Açıklama

Anahtar Kelimeler

Digital Transformation, Industry 4.0, S&Op, White Good

Kaynak

Lecture Notes in Networks and Systems

WoS Q Değeri

Scopus Q Değeri

Q4

Cilt

549

Sayı

Künye