Transforming S&OP into IBP
Most companies may run three separate processes – S&OP, S&OE and the ExCom. And a consulting firm may come in and preach IBP as a separate process and perhaps add … Read More
Demand Forecasting, Sales Planning, Big Data Analytics & IBP
Most companies may run three separate processes – S&OP, S&OE and the ExCom. And a consulting firm may come in and preach IBP as a separate process and perhaps add … Read More
IBP Process for Omni-Channel Why Omni-Channel Without an Effective IBP Is Just Expensive Chaos? Most omni-channel operators are managing complexity, not orchestrating it. Demand signals from stores, marketplaces, DTC, and … Read More
Fast planning isn’t smart planning. It’s one of those lessons every supply chain team eventually learns — usually the hard way, in the middle of a constrained quarter when a … Read More
New product forecasting is always a challenge for most organizations. FMCG and Food & Beverage companies, in particular, experience this frequently — sometimes as often as twice a year. Ironically, … Read More
I am longing to go to a baseball game, get a sense of the noise, and take in the chaos and enjoy a real close game at the Fenway Park! … Read More
Make Australia dirty again?! Toilet tissues are out of stock in Australia. Woolworth’s is rationing toilet tissues in that country. We are not far behind. Most online stores and bricks were … Read More
Who are Sales Planners? Do you have a function called Sales Planning in your organization? Most companies have a Sales support function called Sales Planning or Sales Logistics or even … Read More
Taking stock of your Sales and Operations Planning Process may be a good start. It is important to understand what you get out of it and how it benefits your company in the planning and decision making process.
When companies take a hard look at their business model and the underlying process, what is the key objective that is motivating them?
1. Return on Investment
2. Increasing Sales
3. Cost Reduction
Although all of the above are good objectives that lead to healthier businesses, companies are also driven by the latest buzz words – the latest consulting mantra, industry trend, and a flashy new technology from a sexy software company.
Optimizing the basic Order to Cash process will yield the cliched low-hanging fruits and result in a more compacted Cash-to-Cash cycle.
Talk to any supply planner, they will say they need a forecast at the SKU level. The more detail the better. So, the demand planner is on the defensive, he … Read More