About this Presentation
This presentation shows a simulation result that supports the utility value of make-to-availability (MTA) in supply chain planning (SCP). A simple 2-stage supply chain model is adopted in order to investigate the impact of production planning upon the volatility reduction of supply chain planning (SCP). Examined are those of MTA scheme and Sales and Operations Planning (S&OP) method. Comparative analysis of these two methods shows that MTA does not induce bigger volatility than S&OP does, where the volatility index is measured by the ratio of production plan variations to that of sales plan. Statistical analysis indicates that MTA-based production planning can be evaluated as one of the important factors in reducing the so called Bullwhip Effect in a supply chain.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
The Buri effect, a phenomenon in the upstream supply chain where variances of customer demand become larger, can be reduced by switching from SNOP to MTA in supply chain planning.
MTA is less reliant on forecasting, making it more efficient and less volatile than SNOP.
Lowering the level of reliance on forecasting is essential to shift from fragility to robustness in supply chain management.
Instructor(s)
Namkee Chung
Ms Alka Wadhwa
Alka Wadhwa is an experienced consultant and process improvement expert with over 24 years of expertise in the Theory of Constraints (TOC), Lean Six Sigma, and organizational performance optimization. She has successfully led projects in healthcare, financial services, and manufacturing, driving significant improvements such as a 67% boost in hospital operations and a 140% increase in outpatient visits.
Previously, Alka Wadhwa spent 17+ years at GE Global Research Center, where she led initiatives to enhance various GE businesses through advanced technologies, process redesign, and system optimization. Founder of Better Solutions Consulting, LLC, she specializes in using TOC, Six Sigma, and data analytics to streamline operations and build high-performance teams.
Her work has earned her multiple accolades, including the Empire State Award of Excellence in healthcare.
Dr Gary Wadhwa
Dr. Gary Wadhwa is a Board Certified Oral & Maxillofacial Surgeon with extensive experience in the field. He completed his Oral & Maxillofacial Surgery training at Montefiore Hospital, Albert Einstein College of Medicine in Bronx, NY, and has served as an Attending at prestigious institutions like St. Peters Hospitals, Ellis Hospital, and Beth Israel Hospital in NY. With a career spanning over two decades, he was the former CEO and President of a group specialty practice in NY from 1994 to 2015. Dr. Wadhwa holds an MBA from UT at Knoxville, TN, and has undergone additional training in System Dynamics at MIT, Health System Management at Harvard Business School, and Entrepreneurship and healthcare innovations at Columbia Business School. Committed to expanding access to Oral & Maxillofacial Surgery care, he is currently engaged in a meaningful project to provide healthcare services to underserved populations in inner city and rural areas through non-profit Community Health Centers.