In yesterdayβs iBsing pioneers call we discussed βπ―ππ ππ πππ πππ ππππππππππ ππππππππππ πππ ππ πΊ&πΆπ· (IBP) ππππππππππππππ?β
In many organisations, top managers are hesitant to invest resources into an S&OP implementation and improvement, because they do not see an immediate financial benefit.
π»ππ π»ππ: Analyse the top 5 business failures in the recent past and define the potential positive impact of a well functioning S&OP or IBP. That will provide a πππππ ππππππππ ππππ and also a clear picture on critical requirements and πππππ πππππ πππ πππ ππππππππππππππ in your organisation.
Here are other tips from our breakout sessions:
π΄πππ ππ ππππππππ πππ πππ ππππππππππ:
β¨ Use S&OP/IBP to see the business through the eyes of the CEO
β¨ Challenge the leaders to see what problems they are actually having
β¨ Listen to current issues from leadership teams and link them to benefits of S&OP
π©π πππππ πππ
πππππππππ:
β¨ Start with the Management Review and work backwards
β¨ Prioritize bottle necks
β¨ Build on already existing processes, forums and meetings
π©π πππππ πππ
ππππ
ππππ:
β¨ Ensure clear definitions and language
β¨ Proactively communicate level of data accuracy
β¨ Define linkage from short term to tactical long term
π¬π
πππππ πππ ππππππππππ:
β¨ Lessons learned from mistakes made in the past
β¨ use some existing issues as explanation point
β¨ Benchmark to the competition
Thanks to all participants for the valuable insights and a big thank you toΒ Matthew KayΒ for being an fantastic guest speaker and sharing also highlights from his MBA thesis about βS&OP in SMEsβ.