Sales and Operations Planning (S&OP) is not a new idea, but many organizations report that their efforts have been less than effective. As the saying goes, though, when you get lemons, it's a good time to make lemonade. That is, rather than a point of failure, S&OP improvement offers an opportunity for great improvement. The infographic below, created by E2open, outlines some basics around creating a process that works. Take a look, and then let us know about your experiences with S&OP improvement. What worked well? Where were the stumbling blocks?
Better visibility: It has been on the wish lists of supply chain executives for as long as there have been supply chains. But the definition of visibility tends to vary: Is it visibility to inventory? Orders? Assets? Information? Events? Nodes? In theory, visibility leads to a host of benefits: saving money, reducing inventory, increasing turns, boosting customer satisfaction, lowering risk, enhancing compliance, streamlining transportation, and enabling agility and resiliency. But until recently, many shippers had difficulty connecting those dots.
The electronics industry’s cyclical downturns and upcycles may have become less vicious over the last decade but it appears enterprises in the sector have still not fully sorted out the inventory challenges that have for long been the bane of the market, according to a research firm.
Some 36 percent of senior managers in retailers and manufacturers reckon their organizations have too much cash tied up in inventory – and 29 percent think they have too much excess and/or obsolete inventory. A study sponsored by E2open found that there is increased interest in inventory management programs such as vendor managed inventory, but companies face challenges in actually establishing such programs.
Business leaders view the drivers of inventory information-sharing between partners as time-consuming, involving enterprise resource planning (ERP) or manual methods, with less than 22 percent using automated B2B technology, according to a survey of executives by Gatepoint Research and sponsored by E2open.
Now that the European economy is strengthening, a growing number of supply chain software vendors are turning their attention to Europe. The demand for software solutions for sales & operations planning (S&OP) in particular is attracting new players, and cloud-based supply chain software solutions appear to be making a breakthrough. Those are the key conclusions from Supply Chain Movement’s annual market study which forms the basis for the globally renowned IT Subway Map Europe.
Consumer goods organizations have spent decades applying Lean management techniques and principles to every facet of their global supply chains. But today, they find themselves squeezed tighter than ever before by customer expectations for more inexpensive, customized, and rapidly supplied goods. The effort now required to achieve further process improvements is akin to drawing blood from a stone.
Gatepoint Research released new survey results providing insight into how executives from a number of sectors perceive the adoption and execution of vendor-managed inventory (VMI) programs. The data, based on surveys conducted between February and March 2015 by the research firm, and sponsored by E2open, reveals that the majority of respondents view the drivers of inventory information-sharing between partners as time-consuming, involving enterprise resource planning (ERP) or manual methods, with less than 22 percent using automated business-to-business (B2B) technology.
Legacy systems fail to deliver on vendor managed inventory (VMI), resulting in higher costs and a lack of visibility into current inventory levels, according to a new survey conducted by Gatepoint Research, and sponsored by E2open, a provider of cloud-based, on-demand software solutions. VMI systems have been used for many years in the electronics industry to help improve inventory management and sharing of supply chain data.
Gatepoint Research has released new survey results providing insight into how executives from a number of sectors, including manufacturing, retail, and telecommunications, perceive the adoption and execution of vendor managed inventory (VMI) programs.