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Supercharged Supply Chains. Discover Unparalleled Business Planning and Execution Practices. Edition No. 1

  • Book

  • 464 Pages
  • May 2021
  • John Wiley and Sons Ltd
  • ID: 5842213

Provides unparalleled practices for all supply chains from leading consultancy Oliver Wight, more important than ever in the post-COVID world

Supercharged Supply Chains: Discover Unparalleled Business Planning and Execution Practices provides authoritative guidance on effective Supply Chain Management. Written by the experts at Oliver Wight, a leading global consultancy firm, the book provides readers with a clear understanding of what is required to operate at a Class A Excellent level. The operating principles are supported by practical examples and cases that demonstrate why typical approaches fail, and why Unparalleled Business Planning and Execution Practices succeed.

Based on the popular Oliver Wight class that focuses on Unparalleled Business and Execution processes, the text is designed to put companies on track to successfully operate Business Excellence Planning. Readers get a contemporary view of the processes, learn about new technology for implementing solutions, and are presented with change methods that address the people and behaviors vital to supply chain operations. Topics include demand planning, Integrated Business Planning (Advanced S&OP), master scheduling, material requirements planning, capacity planning, data accuracy, factory scheduling supplier planning, implementation, business improvement, new technologies and more. Outlining the practices that have boosted the health of supply chains for more than 25 years, this invaluable book:

  • Describes how the Business Excellence Practices resolve the common problems encountered in operating a supply chain
  • Provides strategies and methods to significantly improve customer service, financials and grow the business
  • Identifies when and how Unparalleled Planning and Execution Practices should be applied Guarantees success if the recommendations are followed

Supercharged Supply Chains: Discover Unparalleled Business Planning and Execution Practices is essential reading for all executives and anyone involved in forecasting, planning, scheduling, inventory control, finance, production, purchasing and management of supply chains. It provides a great overview of the entire supply chain and goes into great detail regarding each element that makes up the supply chain. It also explains in depth how all functions of a company play an important role.

Table of Contents

Foreword xi

Introduction xiii

Prelude: The Awakening xv

List of Figures xix

Chapter 1 Churn: The Cause of Disruption 1

Chapter 2 Get the Basics Right: Eliminate the Churn 19

Chapter 3 Inventory: Essential to Know What You Have 31

Chapter 4 Bill of Material: A Solid Foundation 45

Chapter 5 Routings: Accuracy Required for Valid Plans 57

Chapter 6 Manage MRP: Do Not Let MRP Manage You (Do Not Let the Tail Wag the Dog) 69

Chapter 7 Mastering the Master Schedule: Meeting Customer Requests at Optimal Cost 97

Chapter 8 Integrated Business Planning: Leadership from the Top 121

Chapter 9 Product and Portfolio Management: Offer What Customers Need, Not What You Think They Need 161

Chapter 10 Demand Planning: The Art of Demand Planning and Execution 189

Chapter 11 Managing Internal Priorities: Delivering Products on Time 211

Chapter 12 Capacity Planning: Short, Medium, and Long Term 229

Chapter 13 External Sourcing and Supplier Planning: Reaping the Benefits of Valid Scheduling 253

Chapter 14 Supply Chain: Ensuring There Is End-to-End Flow 273

Chapter 15 Finance, Integrated and Proactive: Top-Down and Bottom-Up 307

Chapter 16 Business Improvement: Being Lean and Agile 329

Chapter 17 Technology Enhancements: What You Need and Not Just Following a Market Trend 343

Chapter 18 People and Behaviors: Get the Team Behind You and Plans Will Be Delivered 359

Chapter 19 Implementation: Where to Start 379

Glossary 411

About the Authors 415

About Oliver Wight 419

Books by Oliver Wight 421

Index 423

Authors

James G. Correll Lloyd C. Snowden James Bentzley