Sales and Operations Planning is a continuous business process that enables firms from hospitals to chemicals to respond to emerging situations intelligently. Today we will discuss the relevance of buzz words such as Analytics, Predictive Analytics, Data Science, and Machine Learning, for S&OP.
Organizations, from health care facilities to manufacturing giants to small restaurants, can be viewed as an ongoing sequence of loosely coupled activities where current and future assets are matched with current and future demand across the supply chain or demand supply network. These planning and scheduling decisions occur across a complex playing field. Read to learn more about these planning activities.
I was lucky to attend the Gartner Supply Chain Executive Conference in Phoenix last May. 1 of the keynote speakers was Mike Duke, the former CEO of Walmart. He summarized his career in 10 pieces of advice he got from 10 key persons throughout his life. His parents, his teacher, his first boss, … Advice
Good handling of market demand data is one of the most vital concepts in any supply chain. But how to create powerful demand planning implementation? The five-step approach outlined below provides guidance.
Last time in Sales, Inventory & Operations Planning (SiOP) – Part Four I talked about the Supply step of the cross-functional process of SiOP. For this blog we will conclude this discussion with the Exec SiOP step.
Last time in Sales, Inventory & Operations Planning (SiOP) – Part Three I talked about the Demand step of the cross-functional process of SiOP. For this blog we will discuss the Supply step.
Last time in Sales, Inventory & Operations Planning (SiOP) – Part One I talked about the Segmentation and Product Management steps of the cross-functional process of SiOP. For this blog we will discuss the Demand step.
I pride myself on being an expert in designing and implementing Sales, Inventory and Operations Planning. Companies that have a good SiOP process can’t imagine how to live without it. It is the key instrument for the CEO to navigate the business along the budget towards its strategic targets. In Part One of the SiOP series
How will Big Data change the way we work and approach the world?
In today’s business world, technology plays a central role in how work gets done. So, a change in the nature of work is sure to follow. But what exactly has changed?