Resilience Versus Agility

Just a short thought as we move into this weekend . . .

Simple definitions of resiliency and agility as they relate to your value network might be as follows:

Resiliency:  The quality of your decisions and plans when their value is not significantly degraded by variability in demand and/or changes in your competitive and economic environment.

Agility:  The ability to adjust your plans and execution for maximum value by responding to the marketplace based on variability in demand and/or changes in your competitive and economic environment.

You can take an analytical approach that will make your plans and decisions resilient and also give you insights into what you need to do in order to be agile.

You need to know the appropriate analytical techniques and how to use them for these ends.

A capable and usable analytical platform can mean the difference between knowing what you should do and actually getting it done.

For example, scenario-based analysis is invaluable for understanding agility, while range-based optimization is crucial for resiliency.

Do you know how to apply these techniques?

Do you have the tools to do it continuously?

Can you create user and manager ready applications to support resiliency and agility?

Finally, I leave you with this thought from Curtis Jones:  “Life is our capital and we spend it every day.  The question is, what are we getting in return?”

Thanks for stopping by.  Have a wonderful weekend!

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24 Seconds on Optimal S&OP Output

Second Exceprt from Supply Chain Brain Interview in September

Click the photo for another brief insight on S&OP.  You can see the whole interview at Supply Chain Brain.

An S&OP Insignt in 45 Seconds

I decided, in the end, to make a post this Friday, but of a slightly different nature.  Click on the picture to watch 45 seconds of my interview with Supply Chain Brain from September.  This may be something you haven’t thought about before.  

Thanks again for stopping by. 

For those in the U.S., I hope that you and yours are enjoying a really good Thanksgiving time.

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