Redesign, Smart and Digital Enablement of Sales and Operations Planning Processes: A Study of White Goods Manufacturing
Küçük Resim Yok
Tarih
2023
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Springer Science and Business Media Deutschland GmbH
Erişim Hakkı
info:eu-repo/semantics/closedAccess
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
