Key Objectives
- Alignment of Supply and Demand
- Improved Forecast Accuracy
- Inventory optimization – aligning production and inventory levels with actual demand
- Enhanced Cross-Functional Collaboration
- Align operational plans with the organization’s long-term strategic objectives and business goals
Our Approach
- We firstly identified roles and responsibilities in demand and production forecasting
- We mapped existing processes, tools and systems
- Analyzed forecast and production plan accuracy and identify gaps
- Defined S&OP roles and responsibilities
- Established rules for process adherence
- Assigned key KPIs to teams and define S&OP reporting specifications
- Trained users on meeting execution and input preparation
- Supported IT in S&OP reporting development
Impact for our Client
- Improved decision making with enhanced alignment between departments
- Increased forecast accuracy with reliable demand and supply plans
- Optimized inventory
- Higher service levels with improved on-time delivery and customer satisfaction
- Enhanced reporting with clear and actionable insights through improved KPIs and reporting systems
Reporting tool
Forecast Accuracy
