IS S & OP IMPLEMENTATION WORTH IT ?
BEST PRACTICES
SALES AND OPERATIONS PLANNING
48 optimise where the cash is going , and the finance review is your baseline . You review October ’ s finances to analyse November ’ s sales and operations planning cycle , then repeat , repeat , repeat . It ’ s an iterative process , and each time you measure your current performance against your finance baseline , you improve your forecast accuracy . The objective ? An S & OP process that ’ s exorcised the demons of inefficiency from your supply chain once and for all .
IS S & OP IMPLEMENTATION WORTH IT ?
When the subject of S & OP comes up , organisations often question whether they should bother to invest or not - whether it is worth it , essentially . To this , Barnhart told us that “ The evidence from independent research says it is , with a significant competitive advantage for S & OP leaders in the key areas of customer service , profitability and cash-to-cash cycle times .”
“ The latter criterion is emerging as a new barometer for the overall health of the supply chain . The take-away for business leaders – especially manufacturers who are
by far the largest subscribers to the S & OP process – is to look anew at your internal S & OP processes and check where you are on the S & OP maturity curve .”
BEST PRACTICES
We wouldn ’ t be doing our job without pointing you in the right direction before turning you loose .
JANUARY 2021