Hilco Report Cautions: S&OP, Supply Chain Efficiency Now Critically Dependent Upon Companies' Own Efforts to Actively Develop New, Updated Predictive Models
NORTHBROOK, Ill., April 7, 2020 /PRNewswire/ -- Hilco Global has issued a timely and relevant report on the unprecedented circumstances facing businesses and how they should adjust their existing, predictive forecasting models and the steps they should be following to ensure their own success in the current crisis environment.
The Hilco report, titled Monitoring and refreshing your predicative S&OP models is essential to ensuring Supply Chain Efficiency During and Post COVID-19 Crisis, co-authored by Steven Tanzi and Mallory Rittgarn of Hilco Performance Solutions, explores how supply chain vulnerabilities worldwide have been exposed as a result of the current COVID-19 pandemic and associated global productivity loss.
The report explains how, by modifying the way they view their upcoming demand forecasts from ordering rate to consumption rate, companies across industries can better understand how much inventory is actually out in the market and enable them to better configure their production of products/availability of services to meet needed replenishment rates.
"In the absence of existing models capable of assisting with forecasting demand and developing informed S&OP and supply chain planning during this period," says Steven Tanzi, "now is the time for businesses across multiple impacted industries to work toward identifying the steps they'll need take to ensure they're able to maximize potential revenue during the remainder of this crisis and as we emerge from its grasp."
To obtain a copy of the report or schedule an interview with Steven Tanzi or Mallory Rittgarn, contact Gary Epstein- Chief Marketing Officer, Hilco Global at [email protected].
About Hilco Global: Hilco Global (www.hilcoglobal.com) is a privately held diversified financial services company and the world's preeminent authority on maximizing the value of assets for both healthy and distressed companies. Hilco Global operates as a holding company comprised of over twenty specialized business units that work to help companies understand the value of their assets and then monetize that value. Hilco Global has a 30-year track record of acting as an advisor, agent, investor and/or principal in any transaction. Hilco Global works to deliver the best possible result by aligning interests with clients and providing them strategic insight, advice, and, in many instances, the capital required to complete the deal. Hilco Global is based in Northbrook, Illinois and has 600 professionals operating on five continents.
SOURCE Hilco Performance Solutions
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