Concurrent Planning in Supply Chain Management

This white paper authored by Hank Canitz discusses concurrent planning as an innovative approach to supply chain management. It contrasts this method with traditional sequential planning, highlighting the limitations of the latter, such as delays, lack of real-time insights, and misalignment of supply and demand. The paper outlines how concurrent planning fosters cross-functional collaboration, enabling organizations to respond more effectively to market changes and disruptions. It emphasizes the role of technology, particularly platforms like Kinaxis, in facilitating real-time visibility and decision-making. The document details the benefits of concurrent planning, including increased agility, cost savings, and improved on-time delivery rates. Real-world examples, such as those from Cisco and Amgen, illustrate the practical advantages of this approach. The paper also discusses how concurrent planning supports evidence-based decision-making and the evaluation of mergers and acquisitions, further enhancing its relevance in today's complex business environment.