Data Simulation Can Save Your Planning
Often times, FP&A leaders do not incorporate large events or seasonal events in their supply or maintenance planning. When unexpected things complicate the planning, companies should have an alternative scenario ready to prevent any upheaval. When it comes to warehouse management, you simply need to know what comes in and what goes out. Once you know that, you can start analyzing data and gradually optimize the process. Data by itself is not very valuable, because it is not information and you don’t always know what to do with it. With integrated business planning you go from gathering data, via analyzing it, to an actionable process.