Steelwedge Software

Steelwedge Software

S&OP Beyond the Basics: Q&A Part 1

Posted: 20 Dec 2011 03:28 PM PST

Two weeks ago, more than 800 people registered for a terrific conversation with industry pundit and author, Tom Wallace.  We simply ran out of time to answer all the questions live, so have captured common themes and answered them here. This is the first of a two-part series. Q: How do you best manage the proliferation of S&OP meetings? People inherently object to having meetings for meetings sake! It is important to differentiate between meeting and working sessions. Executive S&OP meetings are intended to be very efficient and structured, given the CXO level participants. These meetings should have a very specific agenda with clearly defined goals for the meeting. Working sessions are more of a combination of structured agenda as well as unstructured time to discuss collaboratively on various topics. Demand review and supply review meetings are examples of these working sessions. From a technology perspective, the solution should provide the ability to document business context, assumptions, action items and opportunities for further follow-up and tracking. Q: How do you handle "what if" analysis & scenario analysis within Steelwedge? Steelwedge provides a platform that balances supply, demand and finance and enables the end-to-end S&OP process. Scenario management and what-if analysis can be implemented at any stage of this process: demand forecasting, supply planning or executive S&OP. For example, as part of the out of the box application called Compass Express that is implemented by this platform, 26 scenarios can be created as part of the Executive S&OP process. These scenarios can be compared based on pre-defined metrics and the best scenario can be ‘promoted’ to be the plan of record for the organization. Q: How do you do the Bill of Material explosion and how is SW exploding the confirmed demand plan to material…

Posted by computer at 9:15 AM  

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