With so much of the conversation in global supply chain management surrounding technological advancements and the digital revolution via platforms like Big Data, Industry 4.0, and advanced analytics, it’s sometimes easy to forget the core principles that have driven the automotive supply chain for the last two or three decades. S&OP (sales and operations planning) is one of these basic principles that, while critical to an efficient supply stream, can sometimes go overlooked in the most pressing discussions of the day.
It’s easy to get caught up in the newest and most disruptive technologies poised to impact the automotive supply chain - even when it comes to S&OP. For example, a recent survey conducted by Supply Chain Trends cited major technological and software complications in implementing sales and planning solutions. Contrast that with a report issued by Supply Chain Management Review in which companies surveyed said they allocate roughly 70 percent of their S&OP budget on developing and implementing new technologies.