In business, the search for a “convergence” of devices and software allowing a single solution to address all problems has been an ongoing goal. However, the reality is that such equipment and software doesn’t exist. This is true of Enterprise…
With the world having been plunged into uncertainty during the COVID-19 pandemic, a critical issue for business managers is stabilizing their supply chain to a consistent flow of components and materials. One July report by the Institute for Supply Management…
The Food Waste Reduction Roadmap Report of 2019 show that a third of food, which includes beverages, is wasted around the world. Further analysis of the ongoing waste across the food and beverage production chain in the United Kingdom highlights…
Manufacturing can be challenging in the best of conditions. But for small and medium-sized businesses (SMBs) striving to remain competitive with large companies, their smaller size and reach mean that planning is even more crucial. Small and medium-sized businesses often…
While every business works diligently to improve efficiency and operational excellence, at the end of the day it’s the customer who determines a company’s success. And companies are looking for new ways to optimize customer service levels to improve…
Customer service should be part of S&OP. While many businesses don't include customer service in the process flow, they should! Quality communication and collaboration with those in your business that are part of customer service can streamline planning initiatives. They…
Is just having data good enough? Absolutely not! You need to be able to use all that data to make informed decisions. IndustryWeek said, "Analytics have the potential to totally reconfigure the factory, but they must be utilized in every…
One current problem in supply chain is with short term execution. Sales and operations planning usually looks ahead at least three months, so the short term is where S&OE comes in. Supply Chain Digital said, “S&OE fits within the immediate…
S&OP is valuable for businesses because it helps in planning for the future. When done well, it can help your business to grow and succeed. Forbes said, "A more effective and holistic S&OP process goes straight to the heart of…
When it comes down to the basics, what is S&OP all about? To start, it stands for sales and operations planning. Hubspot said, "The S&OP process includes forecasting, demand and supply planning, and executive review. The goal is to coordinate…