DON'T FORGET ABOUT LEAD TIME (REDUCTION)
As an eS&OP practitioner, the headline caught my eye. Good article discussing the issues around forecasting NEW product families and specifically SKU's in a new family. There is some good high level and tactical advice. The one thing that I would have liked to see is "reduce product lead time" with a focus on cumulative lead time (i.e. the total lead time through all levels). Everything in supply chain is easier if the lead time is short(er). Unfortunately, life seems to be throwing a lot of curve balls at the supply chain so this is difficult but not impossible. Any initiative that can reduce lead time is worthy of consideration and validation as to its practicality. READ THE ARTICLE hashtag # supplychain hashtag # supplychainplanning hashtag # salesandoperationsplanning