scenario planning

Scenario forecasts, or scenario planning, are a way of anticipating possible large-scale changes that could affect an organization by developing and working through potential scenarios while considering all potential factors, possible impacts and related interactions. It is also a way to evaluate options for business decision-making.

See also: Contingency Planning

By evaluating carefully crafted "what-if" scenarios, decision-makers can test-drive potential solutions to various supply chain challenges and choose the ones most likely to yield the best outcomes.

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