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How S&OP and Predictive Analytics are Revolutionizing the Energy Industry
Energy services companies like SLB face the same planning challenges as manufacturers and retailers in that demand must be forecasted and an appropriate supply response must be coordinated. To this end S&OP is the planning process of choice but, considering the unique nature of services businesses, it comes with an extra step. In this article I reveal how Energy companies are adapting S&OP to their unique needs to meet the complexity of resource planning inherent in the energy industry. Further, I discuss how SLB is combining S&OP with predictive analyt- ics to provide much-needed digitalization that connects demand management to resource planning, resulting in an E2E planning process starting from the demand signal and ending with resource ...