Your Customer Comes 1st
No matter what your company objectives, you must understand your customer.
No matter what your company objectives, you must understand your customer.
SIOP is not something that you'd implement in a week; however, the basis of SIOP is culture change.
By implementing a SIOP process you’ll be in a better position to leverage your resources for a speedier inventory velocity. Inventory velocity not only accelerates cash flow but it also can contribute to margin improvement. How do we turn inventory faster and keep our money in motion vs. stagnating in the back of our warehouse?
I find that the vast majority of my clients get hung up in finding the "perfect solution", in analyzing "one more" set of data and the like.
Of all the overlapping metrics available to executives the best ones enhance SIOP (Sales Inventory Operations Planning), also known as S&OP, and offer the most vital information for running a business.
Have you heard of the PDCA model (Plan, Do, Check, Act)?
To achieve significant progress on new organizational processes or systems tackle the fundamental to do list first: understand your current processes to figure out where the opportunities for improvement and systems leverage lie.
Manoeuvring in today’s fast-paced business environment requires actionable information, which data mining provides. Locate your data to make your next strategic move.
A reenergized demand plan is fortified with meaningful data trends that point the way to improved service levels and increased profit margins.
Implementing a successful SIOP rollout can be achieved without complex systems by focusing on demand, supply, and executive alignment.