U.K., Feb. 6 -- Deterministic models modelling the future based on the past don't handle changes very well. The past is a great predictor of the future, but only until it's not. The great toilet paper debacle of 2020 is a shining example. If you're lucky enough to be in an industry that sees very little change in either supply or demand and faces no threats to its supply chain, then perhaps luck is all you need.
If you're not, I suggest you keep reading.
For many, S&Op planning is a heterogeneous process, consisting of a mashup of information derived from disparate systems. Organisational data often lives in silos. Although you may have an ERP, or WMS in place, more often than not when it comes to S&Op planning, including procurement, mor...