I recently watched a TED talk video by Alison Ledgerwood on YouTube. In the video, Alison gives the example of her paper getting accepted for publication (positive news) and another one getting rejected for publication (negative news). She talks about how it takes longer to recover from (i.e., go back to being her normal self) a
Key Point: A Sales and Operation Planning (S&OP) meeting is a meeting to design the future course of a business. Yet, too many companies spend too much time talking about the past or the current period. I recommend using about 60-70% of the time discussing the future. The (S&OP) process consists of a lot of
Research shows that a majority of mergers fail. A recent study put the percentage as high as 83%. As one would imagine, there are various reasons for this high rate of failure. However, the reasons can be divided into two main groups:
The term ‘optimization’ can and does have different meanings to different groups. For the folks who build and develop scheduling algorithms, creating the best schedule is defined in terms of cost criteria – perfectly logical. For business settings (from manufacturing to hospitals) optimization refers to the entire process. Let’s look at the scheduler’s world to
Extending sales and operations collaboration requires a clear articulation of business rules and information transfers. As a result, knowing exactly what questions to ask is crucial. In this short blog series, I will provide a list of questions to ask the various roles and people involved in the S&OP process. These questions can make a