Improving the supply chain is essential for any company that wants to gain or maintain a competitive edge. To do this, companies are adopting sales and operations planning (S&OP) strategies. Years ago—when the pace of market change was slow—S&OP was a nice-to-have; today it’s a business imperative! But it doesn’t have to happen overnight. By taking a five-step approach, companies can implement S&OP at their own pace.
X% from plan), the demand planner and supply planner together, say, may be empowered to collaborate informally with the other supply chain stakeholders and then change the operational plans. In such a case, they would also be obligated to inform all other supply chain participants '' sales, finance, inventory management, top management, etc., of the new plans. The details of the changes, their causes and outcomes, would be reviewed at the next S&OP meeting. Senior Management Decision Making/Approval The