Now in its 13th year, the Best of the Best S&OP Conference is renowned as a global gathering of the brightest minds in the industry. The Best of the Best S&OP Conference presented by ASCM and the Institute of Business Forecasting and Planning (IBF) is the leading educational and networking event for professionals in the field. The educational sessions presented here in Chicago will cover a range of in-depth topics to help you implement or improve S&OP within your organization.
At the event, you will learn to:
• Effectively use forecasting and demand planning in your S&OP process
• Employ integrated business planning techniques
• Enhance collaboration across sales, marketing, finance and supply chain
• Extend S&OP outside your organization and throughout the supply chain
• Manage and mitigate risk
• Use S&OP to enhance new product launches
• And so much more
Completion of this event is eligible for Continuing Education (CE) credit and maintenance towards your accounting, supply chain, analytics, APICS, and IBF certifications. Contact us for details.
ASCM & IBF are closely monitoring the developments of the coronavirus and are guided by the latest advisories and recommendations from the Centers for Disease Control (CDC), and local, state, and federal government guidance. We will communicate any updates directly to all registered attendees and exhibitors.
Registrants may cancel without penalty up to 15 days prior to the date of the scheduled event and receive a full refund. All cancellations must be submitted in writing. Cancellations received less than 15 days prior to the conference are subject to the $195 (USD) service charge. No refunds will be given for cancellations made on the date and thereafter of the event.
The Association for Supply Chain Management (ASCM) is the global leader in supply chain organizational transformation, innovation and leadership. As the largest non-profit association for supply chain, ASCM is an unbiased partner, connecting companies around the world to the newest thought leadership on all aspects of supply chain. ASCM is built on a foundation of APICS certification and training spanning 60 years. Now, ASCM is driving innovation in the industry with new products, services and partnerships that enable companies to further optimize their supply chains, secure their competitive advantage and positively impact their bottom lines.
The Institute of Business Forecasting & Planning – IBF is a membership organization recognized worldwide as the premier full-service provider of demand planning, forecasting, business analytics, S&OP education, benchmarking research, training, certification, world-class conferences, and advisory services. Since 1981, the IBF has been helping businesses improve their forecasting and planning performance in an effort to enhance growth, optimize supply chains, and improve their bottom line. It has been said that no other organization on the globe has as much depth in its educational content for Demand Planning & Forecasting as IBF.
Having some of the world's most well known global companies as its members, the IBF is constantly finding and disseminating better ways to manage demand, improve organizational efficiency, and company performance. By becoming an IBF member, you can ensure that you stay current with proven best practices, link with global professionals facing similar challenges, ascend in your career, and bring your organization to best-in-class levels in performance. The IBF is a pioneer in developing a Demand Planning, Forecasting, and S&OP Certification program that can help boost your credentials, as well as, give management greater confidence in its people. The IBF is known for two levels of certification: Certified Professional Forecaster (CPF®) and Advanced Certified Professional Forecaster (ACPF®).
Innovation in the supply chain planning space will continue to accelerate over the next 5 years. The degree of synchronization of Sales & Operations Planning along with people, process, and technology ultimately paces a company’s digital capability. This hands-on session will highlight key organizational learning strategies for a future of work that is non-linear, demand driven, and digitally based. I will reveal how you can embrace this change as an opportunity to establish a competitive advantage with organizational learning strategies that develop the required skills and culture. What’s more, we’ll delve into the new world of non-linear planning where we’re moving from traditional time-series forecasting to the cause-and-effect modeling that drives insight into consumer behavior and allows us to move from reacting to demand to shaping it.
You will learn:
What is demand planning and how does it differ to forecasting? How does S&OP fit into the overall business planning process? In the world of forecasting and planning, it is not only important to define and clarify these functions, but to also understand their relationships to one another. In this session, you will discover how an effective forecast drives better S&OP and how demand planning’s collaborative approach is a catalyst for effective decision making, both for supply chain and the wider business. You will learn the foundational building blocks that successful companies rely on to balance supply and demand, and improve core business metrics like inventory turns, cash flow, EBITDA, and order fulfilment. Your journey to planning maturity starts here.
You will learn:
Consensus meetings are key to supply chain success. Why? Because they allow stakeholders to agree on a plan which gets all functions working together on order fulfilment and increasing growth. But getting the consensus meetings right requires some careful orchestration. This session will review who should attend, what the agenda should look like, what pre-work needs to be done, how to manage new product launches, and more. This interactive session is a primer for those unfamiliar with the process, as well as being a thought-provoking session to help experienced S&OP professionals tune up their processes with best practices. You’ll come away with the knowledge to integrate Finance, Sales and Marketing insight into the demand plan, as well as POS data, econometrics and weather – and get all functions singing from the same hymn sheet.
You will learn:
One of the main reasons S&OP launches fail is lack of ongoing support from executives. Getting their support for a new process is critical for success and managing their expectations and involvement can be a huge challenge. Forward-thinking companies recognize that implementing a well-functioning S&OP process is instrumental to operational efficiency, but to achieve successful S&OP you need everyone on board, starting at the top. In this session, we will discuss how to get executives’ buy in, both from the outset and for the long term. This includes aligning planning operations with the organizational goals to achieve a more accurate strategic decision-making process within the business. We will also focus on the importance of change management and ongoing oversight of an S&OP process to align with growth and cross functional collaboration.
You will learn:
Managing new product launch processes is essential to your company’s growth but forecast error for new products is often high. How, then, do you mitigate the risk of new product launches and ensure maximum probability of success? You need a comprehensive and cross-functional new product introduction process to keep the consumer in mind every step of the way. This allows us to gauge the response to the product and understand if it will be a viable part of the portfolio going forward. In this session, you will learn how to develop new strategies for today’s competitive markets and implement best practices for product planning. This includes leveraging the portfolio management review to better understand new product performance and better manage new products lifecycles once released.
You will learn:
A thorough product review is a vital part of any mature S&OP process. Most companies have processes and reviews in place to actively monitor and manage new product launches - typically independent of any S&OP process. While the management of mature items and end of life products is often an afterthought and poorly planned, a complete product review from launch to end of life is critical to managing inventory and service levels. In this session, you will learn how to incorporate a product review that encompasses management of mature items, excess inventory, safety stock, and managing an item’s life cycle. Finally, you will see how forecasting plays an integral part in managing product life cycles and drives the process.
You will learn:
With the technology today, there is a tremendous amount of data available, as well as a variety of techniques such as machine learning and data mining to provide unparalleled insight into demand. Understanding how to harness this innovation for more robust planning is not easy, but one thing’s for sure: The technology that we’ve been talking about for years is now here and ready to be implemented in your organization. This session will reveal how to convert the mass of both structured and unstructured data into value-added insight to help improve service, reduce costs, improve inventory management, and increase profits. With a clear action plan, you can accomplish all this and more.
You will learn:
The supply review process is the “other half” of the supply and demand balancing process, and is critical for long term management of capacity and inventory. Demand planning offers an unconstrained plan, while the Supply Review arrives at a constrained plan with options for resolution of issues that need to be elevated to a higher level. During this session, we will review the basics of the Supply Review process, while sharing best practices and what should be discussed during the meeting. This will include important metrics, tools, suggested participants, the cadence to keep, and more. With practical takeaways, you will learn how to make the supply process in your own organization as lean and efficient as possible.
You will learn:
S&OP and scenario planning look at changes in key drivers that impact supply, demand, inventory, and other variables. In other words, looking into the future to see how changes across these variables could impact the business. Scenario and What-If Planning done well and done consistently gives you the freedom to explore different options before they occur, allowing for better preparation and planning. This dramatically improves the effectiveness of your S&OP process, but what tools and methodologies do you need? This session will reveal how to close gaps in strategic and operational planning, highlight risk and opportunities, develop playbooks, and be ready to react to multiple scenarios in order to mitigate such risks.
You will learn:
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Become a Member of IBF & ASCM and Start Improving Your S&OP Performance Today.
IBF members include well-known company professionals that span a broad array of business sectors. By joining our organization, you can make certain that your company sets up the right forecasting & planning process and uses the best techniques available. Moreover, you can be sure that your forecasting and demand planning staff has the proper knowledge and skill set for success.
There's never been a better time to be an ASCM member. No matter what stage you're at in your career, ASCM membership provides opportunities to extend your knowledge base through members-only resources and cost savings on educational materials. By becoming an ASCM member, you'll be part of a community that is committed to your success and to preparing you for a brighter future.
It's important to invest in your future. ASCM offers access to exclusive and innovative career and professional resources. Join today to be a part of the ASCM membership community.