Traditional S&OP processes and systems have had limited success in responding to the increased complexity and volatility in today’s marketplace. Too often strategy and execution are decoupled from tactical demand planning, supply planning, and inventory planning processes. Significant opportunities exist for consumer products companies to materially impact successful business outcomes by integrating traditional S&OP processes directly with daily cleansed and harmonized downstream data.
Next-generation integrated business planning and execution solutions by SAP are enabling businesses to run simple and run in real-time. The benefits to these business improvements include the following:
•Operate from a single consensus operating plan across the enterprise. This enables efficient and timely utilization and deploying of resources to satisfy customer demand.
•Improved agility to respond to market volatility – identify and analyze performance gaps and predict future performance and market direction with Demand Sensing capabilities.
SAP has a fantastic alliance with Retail Velocity, which can automate acquisition, cleansing, and harmonization services of demand data, together with Capgemini strategy and transformation services, we stand ready to tackle any demand sensing issue large or small.
•Run lean operations with integrated monitoring, reporting, analytics, and systems enabled decision support
•Aggregate and consolidate financial transactions
•Understand the financial implications of business options and plan a course of action
•Provide value-added insight to the business to drive organizational responses and strategy
If this blog has captured your imagination and attention, then make sure you attend the Best Practices for Consumer Products Conference scheduled for October 5-7, 2015 in Atlanta, GA.
Click Here for more information on the event including the event brochure and registration link.
Best Practices for Consumer Products will unite hundreds of industry professionals – senior leadership, decision-makers, business process owners, analysts, super users, support teams and solution providers – in one location for an experiential event built around learning, innovation and peer collaboration. Best Practices for Consumer Products is an interactive experience rather than a sit-and-listen conference, specifically designed for you to embrace innovative solutions, fresh ideas and best in class strategies to improve your organization’s overall business performance.
As part of the Supply Chain track, on October, 6th, which I will be chairing, we will share how SAP Demand Signal Management as an enterprise scale repository of demand and market data can be leveraged across your organization not only by Supply Chain but also Sales and Marketing business functions to create the foundation for a digital transformation in enabling a demand driven enterprise.
The speaker lineup represents the best and brightest, featuring a diverse mix from numerous consumer products companies. They were carefully chosen by the Conference Advisory Committee and selected for their proven best practices responding to the greatest challenges faced in 2015. The following are just a small sample:
- Brian Bandey, international expert on consumer data privacy, Oxford scholar, and recognized author
- Tony Bender, CIO, Energizer Holdings, Inc.
- Mark Vollrath, worldwide director of Supply Chain Strategy & Systems, Colgate-Palmolive Company
- Sandy Raman, vice president, Strategic Modernization Initiative, Estee Lauder Companies
- Jody Billiard, vice president, operations finance & chief accounting officer, Coca-Cola Bottling Co. Consolidated
- Carl Hernas, divisional vice president, Procurement, Coach, Inc.
Register today for this extraordinary industry event.
We look forward to seeing you this October in Atlanta!
David M. Kane
Global Director , SAP Consumer Industry Business Unit