Santa & Opening Presents - Christmas S&OP For Parents

Enchange Supply Chain Consultancy

Christmas Humour Supply Chain S&OP Logistics Management Inventory Management & Stock Control“Dashing through the snow In a one horse open sleigh…”.

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Decoding the language of S&OP

ToolsGroup

Properly executed, S&OP can deliver better customer service, lower inventories, shorter customer lead times, stabilized production rates, improved relationships with suppliers, and better teamwork between sales, operations, finance and product development. Sales Inventory & Operations Planning (SI&OP) - I read recently that someone compared sales and operations planning to investing in gold: it gets a lot more attention during tough economic times.

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What's Wrong with S&OP?

ToolsGroup

No one in the process is able to make meaningful collaboration tradeoffs based on “what ifs” between: margin and volume, inventory and customer service, and supply and demand. Supply and Operations Planning (S&OP “The No. 1 challenge among manufacturing companies is connecting sales and operations planning (S&OP) to operational plan/execution.” – Gartner Research 1.

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Lassoing S&OP

Supply Chain Shaman

Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory. As long as the data flows for roll-up on inventory, forecasting and planned orders, each business can build and run their own visualization layer as long as it can roll up for an executive view. A lasso is what supply chain leaders would like to have. To align S&OP.

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Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align. Companies should have seamless integration between order entry, inventory management, forecasting and supply planning models and purchase order status to sense risk, pull levers to mitigate potential risk, and communicate within and outside the organization. This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ. etc) or online promotions (company run or 3rd party). Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line.

Lassoing S&OP

Supply Chain Shaman

Forecasting hierarchies need to roll up to define business requirements, and inventory needs to be reported by form and function. Form and Function of Inventory. As long as the data flows for roll-up on inventory, forecasting and planned orders, each business can build and run their own visualization layer as long as it can roll up for an executive view. A lasso is what supply chain leaders would like to have. To align S&OP. The processes are out of control.

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Can S&OP become more continuous? Automation is key.

ToolsGroup

The S&OE charter is to compare demand to forecast and make sure production can deliver—via fast operational pivots like inventory buffers, lead times, and asset utilization. Supply and Operations Planning (S&OP Sales and Operations Planning (S&OP), a process often focused around a monthly meeting, is evolving into a more continuous process. A recent whitepaper by supply chain planning and optimization firm Optilon explains why and how.

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Increasing S&OP clarity by adjusting “depth of field”

ToolsGroup

For instance, a “Buy One Get One Free” promotion intended to move excess inventory may have a short-term impact, but no meaningful strategic significance. Supply and Operations Planning (S&OP In last week’s blog we talked about the fundamental challenge of connecting tactical S&OP down to detailed execution. Here we look in the other direction and examine the challenge of connecting tactical S&OP up to the strategic plan.

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S&OP Effectiveness: Recommendations to Make the Leap

Supply Chain Shaman

While many consultants argue on the name–the debate rages with strong arguments of “Should it be Integrated Business Planning (IBP), Sales Inventory and Operations Planning (SIOP), or consensus planning?”–the Demand Demand driven Inventory Management Sales and Operations Planning effective sales and operations planning IBP Integrated Business Planning S&OP Supply chain planningIt is a beautiful fall day in Philadelphia.

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Nine Myths of S&OP Technology Selection

Supply Chain Shaman

In addition, 85% of the vendors in the multi-tier inventory optimization market that I wrote about in 1995, are now part of larger platforms. The problems are tough: issues like alternate bill of materials, floating bottlenecks, constraints, customer segmentation strategies and multi-tier inventory optimization requires robust technology. To do S&OP well, which leads to cost savings, improved customer service and better inventory, the company must effectively model supply.

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Five Types of Inventory Optimization You Should Know

ToolsGroup

Inventory configuration is usually the predominant issue in most manufacturing environments. Inventory policy is usually the predominant issue in most distribution environments. Here are five types of inventory optimization that you should be aware of if you are considering an optimization solution. Inventory Configuration addresses the issue of in what form should I hold my inventory; as raw material, finished goods, or something in between?

Gartner says “Add S&OP to your Financial Planning”. Here’s Why.

ToolsGroup

Aligning financial planning and S&OP requires trade-offs—between financial goals and constraints, and demand, supply, and inventory—to balance business aims in a go-to-market strategy. Without this alignment, everyone focuses on optimizing using their own functional bias —sales with their sales numbers, manufacturing stressing asset utilization, and supply chain fixated on minimal inventory.

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Four Keys to S&OP Effectiveness

Kinaxis

Linking financial metrics (such as revenue, margin, and cash flow) to operational metrics (such as orders delivered on-time and in-full, inventory turns, and capacity utilization) gives you a way to check if your operational decisions are consistent with your financial objective. by Lori Smith In a previous post , I talked about the ineffectiveness of Excel, ERP, and legacy planning for S&OP. If those aren’t the right tools for the job, what is?

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Lean Principles and Sales & Operations Planning (S&OP)

Logility

The S&OP process typically occurs on a monthly schedule to develop a consensus demand plan, a constrained supply plan, an inventory plan and a synchronized financial plan, followed by an executive meeting where alternatives are reviewed and the path forward is agreed upon. Even if you do an excellent job of future planning, poor near-term material flows will result in higher inventory levels, longer lead times and lower profitability.

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S&OP: Can You Make Decisions at the Speed of Business?

Supply Chain Shaman

Teams continuously balance cost, customer service, asset utilization and inventory. Yawn. I spent time this week completing reference calls on the use of S&OP technologies. Seeking the next sequel in technology adoption, I want to write how the confluence of new technologies changed companies’ abilities to improve decisions. Based on the reference calls, I am not sure that this will be possible. What am I hearing?

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Avoid “Lost in Translation”. Monetize S&OP to Include Finance.

ToolsGroup

Gartner recommends multiplying the planned unit volume: by price to generate monetized revenue plans, by cost to generate monetized inventory plans, by margin to generate monetized profit plans. For instance, a Gartner industry benchmarking shows that a 1% increase in forecast accuracy typically achieves: 2-7% reduction in the value of total inventory as a percentage of sales (working capital). Supply and Operations Planning (S&OP

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Driving profitability through advanced S&OP

Kinaxis

Inventory down 7%. Inventory down 9%. Inventory down 40%. Inventory down 12%. Inventory health. For example, if you’re missing demand visibility you could end up with higher than optimal inventory levels, because you can’t see what you have, what you’re missing and what you’ll need in the near future.

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Stochastic Planning – A Shift in Paradigm from S&OP

Adexa

Planning based on the likelihood of earlier delivery enables more accurate planning and even faster delivery to your customers and of course less inventory. in different seasons, with events or other social and environmental factors.

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Your FMCG Supply Chain: The end of January is nigh!

Enchange Supply Chain Consultancy

FMCG Dave Jordan S&OP Forecasting & Demand Planning Sales Inventory Management & Stock ControlWhere has that first post-holiday month gone? Suddenly it’s the 24 th of January and there are only 7 calendar days and 5 working days until you close the month. Adopt panic stations despite what Corporal Jones of Dad’s Army would say.

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S&OP – 13 Years On, What Have We Learned and What Has Changed?

AIMMS

Excess inventories, expediting, poor order fulfillment, overtime and poor resource utilization are a fact of life. . Lower inventory levels . In December 2006, I published an article titled “ S&OP or just good supply chain planning ?” The article looked at what Sales and Operations Planning is, what it isn’t, and whether companies were on the right path to implementing it. I wondered: is S& OP just too hard to implement ?

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Is S&OP an expensive band aid?

Kinaxis

These systems span across functions such as demand planning, supply planning, inventory planning, etc. People working within their bubbles: Traditional roles such as demand planner, capacity planner, inventory planner, etc., The effects of this can be underperforming promotions, or slower inventory turns while increasing the risk of stockouts. by Dr. Madhav Durbha I love talking to customers and prospects!

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Top Four Most Vital S&OP Technology Capabilities

Kinaxis

What if we run a promotion to clear out inventory of the older model? However, a mature S&OP system is capable of generating a graphical dashboard showing the KPIs of most interest: sales, profits, ROI, inventory turns, customer satisfaction, and so on. by Lori Smith In a previous post , I discussed the sometimes surprising technology choices some organizations are making to manage their S&OP process.

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Sales & Operations Planning (S&OP)

o9 Solutions

Supply Chain Constraints, Excess Capacity & Inventory – Demand and Supply Shaping Action Plan. Move from Monthly S&OP using Spreadsheets and PowerPoints to a Daily / Weekly Real Time Collaborative Process. Top Reasons Organizations are upgrading their S&OP Capabilities. Enhance effectiveness of S&OP by moving from spreadsheet/powerpoint to a digital collaborative platform. Move from status and gap reporting to an insight rich S&OP process.

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[Webinar] Inventory Planning Methods & Tips for Optimizing Your S&OP Process Today.

Arkieva

Join us as we discuss how to use inventory or supply planning to properly calculate and project future inventory taking into consideration capacity constraints. Webinar] Inventory Planning Methods & Tips for Optimizing Your S&OP Process Today. was first posted on February 8, 2018 at 7:50 am. ©2017 ©2017 " Supply Chain Link Blog - Arkieva " Use of this feed is for personal non-commercial use only.

Your FMCG Supply Chain in 2018: 5 Problematic Predictions

Enchange Supply Chain Consultancy

FMCG S&OP Forecasting & Demand Planning Sales Inventory Management & Stock ControlChris Rea has finally found the correct turn off, a lot of people in Africa still don’t know its Christmas and the novelty Santa toilet seat cover is back in the box. Oh, and chocolate Easter eggs are in the shops 4 months in advance. Christmas and the New Year holidays are well and truly over, and the clock is already ticking down on the month of January.

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S&OP in Las Vegas! Let’s Learn, Laugh, and Be Entertained at the S&OP Innovation Summit

Kinaxis

The contract manufacturer, Celestica, already manages manufacturing and inventory. The benefit is directly in the inventory, as seen in Kathleen’s slide. With the breadth of skills from being a contract manufacturer, Celestica uses Predictive Power and Kinaxis supply chain solution to insert the talent and skill in the S&OP cycle, directly impacting inventory, order fulfillment and cost.

S&OP: Middle-aged or Never Grown Up?

Enterra Insights

Teams continuously balance cost, customer service, asset utilization and inventory. As a result, Dooley found “excess inventories, expediting, poor order fulfillment, overtime and poor resource utilization [were] a fact of life. Sales and Operations Planning (S&OP) has been around for three decades. In human terms, the process should be entering its golden, middle years of life. Many pundits, however, believe the S&OP process, as originally conceived, needs to change.

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S&OP 3.0 – The Future of Planning

Supply Chain Trend

had a strong focus on supply chain performance like improving customer service, decrease inventory and drive asset utilization. Sales and Operation Planning (S&OP) made it’s break through in the 80’s, when Material Requirement Planning (MRP) was the hottest planning methodology around, computer screens had monochrome green letters, our music and dress sense were questionable, and it was common for companies to have a command and control management style.

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Revealed: S&OP answers for the metals industry

DELMIA Quintiq

Exceptional planning capabilities are required to tame complexities in managing production costs, scrap flow, inventory management, and more. Quintiq is proud to announce a new, industry-focused webinar on sales and operations planning (S&OP) for the metals industry, happening on April 15. Here are three great reasons why you shouldn’t miss it: 1. Get S&OP answers for the metals industry.

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Is S&OE the new S&OP?

Supply Chain Nation

When we borrow next week’s inventory to serve this week’s demand surge, we start toward a slippery slope. During a recent dialog with a Vice President of Supply Chain for a major U.S. retailer, I had the opportunity to ask an important question. I asked how much of that Vice President’s time was spent on truly strategic supply chain planning projects vs tactical firefighting of supply chain disruptions. By the look on his face it was clear that I had touched a nerve.

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Live Webcast: Continuous S&OP for Life Sciences – Breaking the Mold

Kinaxis

Demand management General News Inventory management Milesahead Supply Chain Events Abbott Laboratories Alan Lepofsky American Horror Story Anaplan Business process Cell Therapeutics CNOOC Limited Eastern Time Zone Kinaxis Supply chain by Melissa Clow.

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S&OP Summer Reading Series by Accenture Strategy Guest Blogger

Kinaxis

And candidly, I see it all the time too in my everyday personal life… stock outs, backorders, inventory markdowns, and clearance sales. Unfortunately, there is no clear cut answer here and in true consulting fashion, the answer “depends” and I often ask: “who owns the inventory?” by Steven J. Puricelli. Kinaxis recently asked me to author a blog series on the topic of Sales and Operations Planning (S&OP).

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The game-changing solution to solve your biggest S&OP challenges

DELMIA Quintiq

They also experience lower safety stock and inventory levels. From my previous blog post , it’s clear that the road to achieving sales and operations planning (S&OP) excellence is not an easy one. But having the right solution to drive performance, beat the competition and maximize profits is a step in the right direction. Read on to learn how to transform your S&OP workflow, boost your scenario planning capabilities and get the most out of your S&OP process.

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Why you don’t need perfect data to start implementing S&OP

AIMMS

They have their regional session with manufacturing mainly to discuss the demand plan, compare it with the inventory at the different D&SCs and with capacity levels at the factories. You can see demand, capacity and inventory in a single view. What I want is to enter the office and see a dashboard with different KPIs in a single view: inventory return, forecast accuracy, how many shipments we have. An interview with Boon Edam’s Aron Waas.

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Webinar: BRISTLECONE LIVE! Let’s Talk Analytics: Spend, Inventory, S&OP and Plant Maintenance – Tuesday, July 21, 10 am PT

Bristlecone

Managing demand volatility, controlling spend, achieving end-to-end visibility, optimizing inventory – these are all made possible through advanced analytics. Analytics Drivers in Spend, Inventory, S&OP and Plant Maintenance Operations. Let’s Talk Analytics: Spend, Inventory, S&OP and Plant Maintenance – Tuesday, July 21, 10 am PT appeared first on Bristlecone. Analytics are key to enabling data-driven decisions that enhance supply chain performance.

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