business planning – Demand Planning, S&OP/ IBP, Supply Planning, Business Forecasting Blog https://demand-planning.com S&OP/ IBP, Demand Planning, Supply Chain Planning, Business Forecasting Blog Mon, 24 Jun 2013 10:04:20 +0000 en hourly 1 https://wordpress.org/?v=6.6.4 https://demand-planning.com/wp-content/uploads/2014/12/cropped-logo-32x32.jpg business planning – Demand Planning, S&OP/ IBP, Supply Planning, Business Forecasting Blog https://demand-planning.com 32 32 Comments from the Recent IBF APICS Best of the Best S&OP Conference https://demand-planning.com/2013/06/24/comments-from-the-recent-ibf-apics-best-of-the-best-sop-conference/ https://demand-planning.com/2013/06/24/comments-from-the-recent-ibf-apics-best-of-the-best-sop-conference/#respond Mon, 24 Jun 2013 10:04:20 +0000 https://demand-planning.com/?p=1874 Best of the Best S&OPJust finished the “IBF’s Best of the Best S&OP” conference held from Jun 13 – 14, 2013 at the Rosemont Hilton in Chicago in partnership with APICS. This conference has to have been the most successful gathering of Business Professionals over the past 2-3 years.

The guest speakers were all seasoned business professionals from companies such as Kellogg’s, Avnet, DuPont, Milwaukee Tool, Honeywell Aerospace, Ingersoll Rand and many others. Topics presented ranged from key business issues such as NPI/NPL, Change Management in S&OP implementations, Starting or Revitalizing your S&OP program, to Managing and Mitigating Business risks identified in your S&OP processes.

Though this conference was located in a revitalized area of Chicago now offering many eateries and entertainment options, this was not a “have fun gathering of seasoned business professionals”. The Conference Business presentations repeatedly generated many after-hours conversations among participants. A common theme among the presenters and participants was that S&OP is a key business-centric process with clear, distinct linkages to improving business performance.

Additionally, many IT Vendors displayed the latest innovations in linking Business Planning to effective IT Solutions. The challenges of sifting thru Big Data is finally being whittled down into manageable chunks of actionable business intelligence.

As the conference proceeded, it became more than obvious that IBF’s (Institute of Business Forecasting and Planning) strategy of being ‘center-mass’ of issues and latest theory on Forecasting, Business Planning and S&OP is sought after and enthusiastically supported by many. IBF is not merely a façade of names, they are a leader in identifying issues and in providing real-time business solutions.

I will be following up this blog posting with specific issues identified at the conference that you all may enjoy.  So stay tuned!

See pictures of the event on IBF’s facebook page.

This conference will yield many payouts against the amount invested by companies and individuals to attend. Don’t miss out on the next opportunity. If you would like to become a member of IBF, and view the schedule of future conferences, they can be located under “Groups” on Linkedin or by visiting www.ibf.org.

Richard P. Kerivan
S&OP Professional Solutions
Rpkerivan @ gmail

]]>
https://demand-planning.com/2013/06/24/comments-from-the-recent-ibf-apics-best-of-the-best-sop-conference/feed/ 0
Lego Group: Why is Trust Something We Need to Talk More About in Relation to Sales & Operations Planning (S&OP)? https://demand-planning.com/2009/10/02/why-is-trust-something-we-need-to-talk-more-about-in-relation-to-sales-operations-planning-sop/ https://demand-planning.com/2009/10/02/why-is-trust-something-we-need-to-talk-more-about-in-relation-to-sales-operations-planning-sop/#comments Fri, 02 Oct 2009 17:18:58 +0000 https://demand-planning.com/?p=395 Michael Kehlet

Michael Kehlet

Have you ever been sitting in the perfect S&OP meeting…..slides were clear and crisp….all data were accurate….each business area presented their numbers well…….but at the end of the meeting, you still knew that the most obvious issue on a key product line was not being addressed because it was not clear where the responsibility was in the value chain?

If you recognize the situation, you have to carefully consider if your S&OP process has become a mechanical process, where presenting the right data and only being on top of YOUR OWN business is “success,” where you have forgotten the real cross value chain benefit a strong S&OP process can provide your company! Do not get me wrong. If you have taken the process to the situation above, you have come a long way. Creating a structured process where you do not continuously discuss numbers and confusing slides etc. is a good place to be. But, it also may likely mean that you can get even more out of your process!

In the LEGO Group we are continuously working with Trust as a way to further maximize the value creation from S&OP. For instance, why should the S&OP team spend 1 hour every month going through all numbers on Supply and Demand only to find one or two minor errors in the data that really did not affect the business? Why not as a starting point trust that we are all on top of our business and use that 1 hour to discuss what opportunities the team can come up with to support our customers? Of course, this cannot happen until the team has trust in each other and knows that if there is an issue in either Supply Chain or with the current forecasts this will be brought up automatically. But, how can you be sure that your colleagues will not hide an issue, or if your colleague believes it is a minor challenge, but yet this significantly impacts your business area?  And what happens if you have a new member of the team that is not known for being as collaborative and open as the rest of the team?

I strongly believe that working with “Extending Trust” as part of your S&OP journey will deliver opportunities and results that you will not get from a “traditional” well functioning S&OP.  Of course, there are significant pitfalls that you will have to be aware of.

I very much look forward to being able to share insights to the LEGO Group’s “S&OP Journey” and even more being able to learn from a large group of Professionals at the IBF’s Best Practices event in Orlando.

Your comments, challenges, etc., on your S&OP experience are welcome!

Michael S. Kehlet
Sr. Director of the Demand Planning & Forecasting Market Group
LEGO GROUP

See MICHAEL KEHLET Speak at The IBF’S:

$695 (USD) for 3 Full Days!

October 12-14, 2009
Orlando Florida USA

]]>
https://demand-planning.com/2009/10/02/why-is-trust-something-we-need-to-talk-more-about-in-relation-to-sales-operations-planning-sop/feed/ 1