Global Supply Chain Challenges 2023 – Preparing For The Storm
There are major headwinds facing global supply chains heading into 2023. Are you ready and prepared for the storm?Here is a summary of the major threats that we need to … Read More
Demand Forecasting, Sales Planning, Big Data Analytics & IBP
There are major headwinds facing global supply chains heading into 2023. Are you ready and prepared for the storm?Here is a summary of the major threats that we need to … 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, … Read More
S&OP Best practice: Engage in ongoing cross-functional communication rather than wait for “the meeting” once a month! It is recommended to increase the interdepartmental communication – think of the S & OP as a process rather than a collection of meetings that happens at periodic intervals.