Is Talent Management the Next Frontier for S&OP?

Supply chain management is not the only function that is grappling with the problems of matching supply and demand in a highly uncertain business environment. HR faces similar challenges. But with HR, the mandate is to deliver people--not products-to the right place, at the right time, at the right quality, and in the right quantity. In fact, the "personnel supply chain" obeys many of the principles that govern its goods-carrying counterpart. Which begs the question: Can demand management methods that have been tried and tested in the goods distribution universe be applied to the movement of individuals?

We think that the answer is yes, in the form of Sales & Operations Planning (S&OP). As we describe below, Caterpillar Logistics Inc. is using S&OP practices to manage its talent pipeline. In addition to bringing more rigor to HR processes, the company is using the process to help improve its staff recruitment and retention programs in critical areas such as supply chain management.   Read the full article here.