Creating the ability to better predict future demand collaboratively within the organization, balance it with the supply of raw materials and align operational plan with financial plan.
Common Issues
- No single demand plan due to lack of collaboration between departments
- Low forecast accuracy fueling supply-demand mismatch
- Inadequate or gold-plated product specifications
- International codification systems not followed, hindering item standardization
- High inventories levels tying up working capital or cash
How We Can Help
- Integrated Business Planning or S&OP: Align strategic plans with operational / execution plans
- Product Specifications: Streamline product specifications using internal or international standards
- Inventory Optimization: Reduce inventory related costs through better stock management
Benefits
- Better forecast accuracy
- Reduced inventory costs and disposals that in-turn reduces tied working capital or cash
- Reliable plans that are jointly developed and maintained by different departments
- Fit-for-purpose product specifications following international standards for external comparability
- Inventory levels tightly aligned to operational needs and closely controlled
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