Business Chief Europe Magazine June 2021 | Page 499

BCG

“ More and more , I would say there are systems even originating from financial planning and now going more into supply chain planning ”

DR . STEFAN GSTETTNER PARTNER & ASSOCIATE DIRECTOR , BCG
I think powerful systems which have these design criteria of linking volume-based supply chain planning with value-based financial planning in a very integrated fashion will be successful in the market .
“ More and more , I would say there are systems even originating from financial planning and now going more into
supply chain planning . And I think this understanding has arrived at some highend planning system providers and our obligation now is to make it usable for our clients to use systems like this with the right data .
“ This is a good example where , as a concept , perhaps one of the undefined buzzwords , digital twin , could be used to simulate scenarios . Meaning , a digital twin could provide a virtual representation of the internal supply chain with financial and volume data , creating a sandbox , if you will , where implications of varying scenarios and alternative decisions can be played out . This would allow you to fully analyse financial impacts and make better-informed decisions . And I think we will see it in the next five years .” Supply chain risk management is another
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