Digital Supply Chain Education Series: Volume 9
Predicting Lead Times, Throughput and Variability.
Planning parameters and volumes implemented in ERP systems are likely out of date before they are even entered. Real world conditions are constantly changing; hence variability assumptions can be as much as your lead time or cycle time.
Being able to ingest, understand, and act upon real world conditions and behaviors in a dynamic fashion enables continuously optimized planning outcomes that are a crucial element of the digital supply chain.
