In many organizations, forecasts are like opinions – everybody seems to have one. This can have disastrous consequences if functions are off running in different directions. Excess inventories, low customer service levels, high overtime and expedite costs, and lost sales opportunities are just a few examples. Arriving at a plan that the entire business aligns to, often known as one number planning, and having a coordinated response to change, is integral to successful Integrated Business Planning. This drives an organization to work together in a coordinated way, avoiding surprises and delivering results. In this webinar, we will cover why one number planning goes beyond Supply Chain, and the considerations that need to be taken in order to successfully achieve it.
What you will learn:
- Common challenges faced by companies struggling with disconnected plans
- How advances in data and analytics are exacerbating these challenges
- Tactics to address these challenges and move towards better alignment
Presented by Greg Spira