Stanford professor Blake Johnson discusses why an understanding of supply and demand uncertainty can improve a company’s overall performance. Visit www.steelwedge.com to learn more about sales and operations planning. Featuring Blake Johnson – Consulting Professor, Stanford University Video Rating: 0 / 5
Stanford professor Blake Johnson discusses why cross-functional alignment for successful scenario planning and S&OP. Visit www.steelwedge.com to learn more about sales and operations planning. Featuring Blake Johnson – Consulting Professor, Stanford University Video Rating: 0 / 5
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Eric Deutsch, a principal with Oliver Wight Americas, has written a white paper on the role that coordinators play in Integrated Business Planning and Sales and Operations Planning processes.
The white paper is based on Deutschs experience as an S&OP coordinator and project manager for a multi-national specialty chemical and biotech firm. The author shares the wisdom of his experience and points out pitfalls to avoid. He also demonstrates how the coordinator is the right-hand person to the executive process owner for each step in the process.
The article highlights the benefits that coordinators gain, including access to leadership and key management, camaraderie within the network or coordinators, and an increased potential for upward mobility.
The article also details the performance expectations of the coordinators for each step of the IBP or S&OP process.
The author addresses the roles of coordinators, sometimes called leads, of each step of the S&OP/IBP process: Product Management Review, Demand Review, Supply Review, Financial Appraisal, Integrated Reconciliation, and Management Business Review.
A copy of the white paper is available at http://www.oliverwight-americas.com/new_white_papers/ibp-coordinator-roles-white-paper.htm.
About Oliver Wight Americas Inc.
Oliver Wight Americas, Inc. has been both a thought leader and hands-on practitioner for over 40 years. As a global business management consulting and education firm, the company specializes in helping organizations work smarter, faster, and better than their competitors. Its principals are seasoned professionals who have real-world manufacturing experience and transfer this knowledge throughout an organization, providing tools to help organizations internalize that knowledge and achieve a competitive advantage in the marketplace. The largest world-wide consultancy of its type, Oliver Wight has offices throughout Europe, North and South America, and the Asia/Pacific Region. For more information, please visit http://www.oliverwight-americas.com.
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Lora Cecere explains that supply and demand balancing is not longer sufficient. Companies need to instead focus on value and invest in systems that provide executives with the data and tools they need to make the profitable decisions possible. Visit www.steelwedge.com to learn more about sales and operations planning. Featuring Lora Cecere – Partner, Altimeter Group
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Tom Wallace is a writer and educator specializing in Sales and Operations Planning, Sales Forecasting, Demand Management and Resource Planning. He is currently a Distinguished Fellow of The Ohio State University’s Center for Operational Excellence. Tom is author of: Sales and; Operations Planning: The Executive’s Guide, Building to Customer Demand, Sales and Operations Planning: The Self-Audit Workbook, Sales and Operations Planning: The How-To Handbook, 3rd Ed, Sales Forecasting: A New Approach and Master Scheduling in the 21st Century. Video Rating: 0 / 5
Stanford professor Blake Johnson discusses the costs and trade-offs associated with supply chain flexibility. Visit www.steelwedge.com to learn more about sales and operations planning. Featuring Blake Johnson – Consulting Professor, Stanford University
Logility Customer American Italian Pasta Company Receives 2012 Manufacturing …
American Italian Pasta Company's winning project in the Operational Excellence category highlights the company's success in implementing a Sales and Operations Planning (S&OP) process to improve its ability to forecast demand, increase production … Read more on MarketWatch (press release)
American Software's Board Approves the Quarterly Cash Dividend
Logility Voyager Solutions(TM) is a comprehensive suite, which includes supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); inventory and supply optimization; manufacturing planning and … Read more on MarketWatch (press release)
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S&OP Expert Tom Wallace explains why he feels the need to educate people about sales and operations planning. Visit www.steelwedge.com to learn more about sales and operations planning. Visit http to learn about Tom Wallace and his S&OP educational materials. Video Rating: 0 / 5
Traditional Sales and Operations Planning (S&OP) has been around since the 1960s. But in today’s economy, a more dynamic and market challenging S&OP model is required to achieve success. Copyright Accenture 2011
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Steelwedge Webinar Unveils "Agility Gap" Research From Supply Chain Insights
PLEASANTON, CA, May 14, 2012 (MARKETWIRE via COMTEX) — Steelwedge, the leader in cloud-based sales and operations planning (S&OP) will host a live webinar tomorrow with Supply Chain Insights founder, Lora Cecere, who will unveil results of a new study … Read more on MarketWatch (press release)
New White Paper – Marketing's Role in the Integrated Business Planning Process …
New London, NH (PRWEB) May 04, 2012 Oliver Wight Americas, Inc. has released its newest white paper, "Marketing's Role in the Integrated Business Planning Process: An Advanced Version of Sales and Operations Planning." David Holmes, an Oliver Wight … Read more on San Francisco Chronicle (press release)
Corry Doyle Named Vice President Corporate Finance & Planning and Treasurer of …
Doyle, who has served as the FGI Acting Vice President Production, Sales and Inventory for the last year, will continue to build and mature the company's Sales and Operations Planning process, focusing on aligning organizational resources to meet … Read more on MarketWatch (press release)
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George E. Palmatier, a recognized thought leader on Sales and Operations Planning (S&OP) and Integrated Business Planning (IBP), has authored a white paper on operating S&OP and IBP in a matrix environment.
The white paper is titled S&OP/IBP Class A Behaviors in a Matrix Environment: You Have a Plan Until You Change It. Who Decides? It highlights three key principles and six key behaviors to support the principles in a matrix environment.
Palmatier has co-authored three books, including Enterprise Sales and Operations Planning: Synchronizing Demand, Supply and Resources for Peak Performance. In his latest white paper, Palmatier draws upon more than thirty years of experience in educating and advising executives on how to operate their businesses with S&OP/IBP.
The white paper covers critical topics, including the decision making interactions between global functional leaders and leaders of local functions. The white paper also provides guidance on the behaviors needed to ensure that the business plans are aligned and re-aligned as needed and how to operate with one planning and control system.
The white paper also covers how to reach consensus on changes to the plan, and the interactions required between the global functional leader and the leadership of the operating business unit.
A copy of the white paper is available http://www.oliverwight-americas.com/new_white_papers/ibp-sop-matrix-environment-white-paper.htm
About Oliver Wight Americas Inc.
Oliver Wight Americas, Inc. has been both a thought leader and hands-on practitioner for over 40 years. As a global business management consulting and education firm, the company specializes in helping organizations work smarter, faster, and better than their competitors. Its principals are seasoned professionals who have real-world manufacturing experience and transfer this knowledge throughout an organization, providing tools to help organizations internalize that knowledge and achieve a competitive advantage in the marketplace. The largest world-wide consultancy of its type, Oliver Wight has offices throughout Europe, North and South America, and the Asia/Pacific Region. For more information, please visit http://www.OliverWight-Americas.com.
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Inventory Planning is highly essential for any organization. The planning must be done in such a way so that the company’s plans and the demands of the market are in sync. With the rapid alteration in the demand, the need for inventory planning has arisen to a great extent. Proper inventory planning will thwart any major problems, including depleting sales profit margin and cash flow that are likely to occur in future.
During inventory planning it is essential to take into consideration the Demand Management, Production Planning, Sales and Operations Planning, Material Requirements Planning and Inventory Reduction.
What are the common inventory issues that a business could face? Debtors’ leniency, shrinkage, cash flow planning, slow moving inventories and loss are some of the inventory issues that can be set right by proper inventory planning.
If you are set on making your business boom with your inventory planning, then concentrate on the following areas: Proper inventory valuation, classifying fast moving and slow moving things in your inventory list, and marking out obsolete inventory is strongly recommended. Further, it is best to code your inventories electronically. You may also create a spread sheet and keep a track of your outgoing and incoming inventory. Insuring for inventory losses that could occur due to rain, fire, etc., is the best strategy.
Thinking of a software solution that will lessen your inventory planning burden? Well, there are umpteen numbers of choices available. Run a web search and you are sure to zero in on the best inventory planning software that will suit your needs. Make it a point to choose an inventory planning software from a company that is trustworthy and has a vast client base.
What are the techniques used in inventory planning? Some of the most popular techniques are JIT, MRP, DRP, SCM, Risk Management and EOQ. Generally, each of these techniques are used for inventory planning alone and in some cases a combination of them are used for better results.
A proper investigation is necessary to find out the root cause for inventory losses. In case the problem continues, it is not advisable to zero in on a particular factor alone because there could be a combination of factors. Tackling the inventory issues as soon as it rears its ugly head is important.
Find the best inventory solutions that will help in forecasting, optimizing the stocking levels and the inventory, and refill the stock based on your business requirements.
Richard Warburton writes on business and information technology. Demand Solutions has been providing software for the full spectrum of supply chain management – inventory planning, sales & operations planning (S&OP), demand planning and forecasting, collaboration, inventory optimization and replenishment, advanced planning & scheduling and retail planning.
Steelwedge Sales and Operations Planning Test Drive
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Lora Cecere explains that economic instability along with the need for horizontal alignment and the ability to better manage the balance sheet are driving companies to think more strategically about Sales and Operations Planning (S&OP). Visit www.steelwedge.com to learn more about sales and operations planning. Featuring Lora Cecere – Partner, Altimeter Group
Operations and Supply Chain expert Rick Pay discusses how managing customer demand helps reduce costs and improve performance. Video Rating: 0 / 5
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