If you operate in the supply chain or the planning world, it is hard to not come across terminology like supply chain planning 4.0, ‘light touch’ planning or ‘lights out’ planning. They all rate high in the hype cycle and for good reasons. A lot of technology progress has been made in recent years, and progress continuous at dizzying speed. Autonomous vehicles already exist in … Continue reading Autonomous or ‘Lights Out’ Supply Chain Planning; what is really required?
According to Wikipedia, prescriptive analysis is – after descriptive and predictive analysis -the third and final stage of business analytics. Gartner plots prescriptive analysis as the final and most difficult stage of data analytics. This article will draw an analogy with the mapping and car industry to suggest that prescriptive analysis as an opportunity to support Integrated Business Planning (IBP) and business optimization, is not … Continue reading The Future of Analytics in Integrated Business Planning