Benchmarking and Assessing Your S&OP/IBP Strength
Over
the years, the IBF has identified the companies that lead the way in
S&OP/IBP and what it takes to become truly best-in-class. For many
organizations, however, this transformation is a struggle, with many
being unclear as to where they are currently and how to build the right
road map to maturity.
Why does this matter? Despite well-documented evidence that S&OP delivers a significant competitive advantage, over 60% of companies still fail to meet minimal requirements in one or more areas. This session will reveal how you can assess your people, process, analytics, and technology against a set of external benchmarks, best practices, and even ‘next practices’. I’ll reveal how you can leverage IBF’s proprietary maturity model to gauge your S&OP maturity level, identify gaps in your process, and get specific recommendations to improve individual functional areas. The goal of this session is to take you to the next level in your S&OP evolution, and put you on the path to achieving S&OP maturity, and even become part of the vanguard of forward-thinking companies.
Why does this matter? Despite well-documented evidence that S&OP delivers a significant competitive advantage, over 60% of companies still fail to meet minimal requirements in one or more areas. This session will reveal how you can assess your people, process, analytics, and technology against a set of external benchmarks, best practices, and even ‘next practices’. I’ll reveal how you can leverage IBF’s proprietary maturity model to gauge your S&OP maturity level, identify gaps in your process, and get specific recommendations to improve individual functional areas. The goal of this session is to take you to the next level in your S&OP evolution, and put you on the path to achieving S&OP maturity, and even become part of the vanguard of forward-thinking companies.
- Tools you can use to help evaluate where you are in your S&OP journey including IBF’s advanced maturity model
- Key pitfalls to avoid when building your S&OP roadmap
- How to take a holistic view at your collaborative planning process
- What benchmarks are good and which to avoid
- How to measure if your S&OP process is successful
Eric Wilson, ACPF
Director of Thought Leadership
Institute of Business Forecasting & Planning
Eric Wilson is Director of Thought Leadership at the Institute of Business Forecasting & Planning, bringing over 20 years of experience in demand planning and predictive analytics. He previously led forecasting at Escalade Sports, Berry Plastics, and Tempur Sealy. Eric is an IBF Advanced Certified Professional Forecaster (ACPF) and recipient of IBF’s Excellence in Business Forecasting & Planning Award. He is a frequent speaker, published author, and contributor to The Journal of Business Forecasting.