Technology Support in Business Planning: Automation, Augmentation, and Human Centricity
Niels van Hove
Foresight: The International Journal of Applied Forecasting, 2020, issue 58, 43-48
Abstract:
In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or "lights out" supply-chain planning. He reasoned that to support such planning we need to implement a third wave of integrated supply-chain planning software. In this article, Niels argues that these technological advances can lead to either (a) planning process and decision automation, or (b) planning and decision augmentation. Process automation replaces human action with technology while cognitive automation replaces human decision making with technology. On the other hand, augmentation-expanding supply-chain knowledge with insights, predictions, and recommendations-maintains human centricity in the decision- making process. Although third-wave supply-chain software could cover all these elements, Niels believes that human centricity is critical, and that decision augmentation should be the more desirable form for business planning.
Date: 2020
References: Add references at CitEc
Citations:
Downloads: (external link)
https://foresight.forecasters.org/shop/
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:for:ijafaa:y:2020:i:58:p:43-48/
Access Statistics for this article
More articles in Foresight: The International Journal of Applied Forecasting from International Institute of Forecasters Contact information at EDIRC.
Bibliographic data for series maintained by Michael Gilliland ().