IBF on Demand, sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's approach to S&OP here: https://bit.ly/improving-sop-performance
See how IBF's S&OP assessments help your company get started in S&OP or improve existing processes with industry-leading bench-marking and recommendations: https://bit.ly/3d58dMT
What exactly are the new 5 steps in S&OP for 2020? I interview demand planning guru and self-proclaimed S&OP nerd Pat Bower. Sr. Director Global Supply Chain Planning & Customer Service at Combe Inc. We discuss what best in class S&OP looks like, what process steps you need and how to get started with your S&OP process.
04:00 Special guest Pat Bower, self-proclaimed S&OP nerd and demand planning leader
05:35 How many steps we need in an S&OP process
10:16 Is the traditional 5 step process from the 1990's still viable?
12:20 Best practices for data gathering and the Product Review
14:40 Why SKUs are growing and inventory turns look unusual compared to the past
16:40 What needs to lie within S&OP and what lies outside it?
23:40 Looping S&OP back to feed functional and operational systems
25:10 Newcomers! Start with demand then move to supply, and don't try to do all steps at once
28:05 Three golden rules to remember about S&OP
33:50 How IBF's S&OP and assessments get your company on the path to S&OP success
Find out more about IBF at www.ibf.org and www.demand-planning.com
Find out about Arkieva at www.arkieva.com
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