FORECASTING AND S&OP

Service level Improvement, Waste reduction, Resource optimization

Context

Forecasting and S&OP are core components of Supply Chain Management, and can always be improved to the next level of performance

S&OP has to be a well-oiled process: accurate & efficient to take the best decisions based on the latest information. S&OP helps to align key stakeholders around a consensus plan to facilitate the decision-making process. Manual processes & spreadsheets are time-consuming with high risk of data inaccuracy.

Forizons strongly believes that digitalization will enhance your data accuracy, automate manual effort and provide a strong ‘buy in’ for your stakeholders.

From a full green field process design to a current process improvement, Forizons helps you to maximize the throughput of each step & improve the efficiency of your S&OP process in your organization.

Our Approach

1. Flash Diagnosis
 

  • Interviews, observations and data collection

  • Detect opportunities for improvement

  • Build a recommendation plan: People, Process & Technology

 

2. Deep Dive Diagnosis
 

  • Interviews, observations and data collection

  • Various calculations/analytics to assess accuracy of current forecasts and plans

  • Detailed recommendations to improve People, Process & Technology

3. Improve existing S&OP

  • Interviews, observations and data collection

  • Detailed recommendations to improve People, Process & Technology

  • Change management and coaching on 2-3 S&OP cycles to establish the continuous improvement

4. Design new S&OP
 

  • Design new S&OP process from scratch, based on building block approach

  • Implement new process and put KPI in place

  • Change management and coaching on 3-6 S&OP cycles to establish the new process

Case Study

CASE 1: Forizons assisted a leading manufacturer for a business transformation plan and designed a new S&OP tools for monthly review.

There was a significant reduction in inventory and labor cost.

CASE 2: Forizons facilitated a global steel production company to implement a new S&OP process improve the company’s resource allocation. This helped the company to reduce the operational cost.

Impacts

Increase

Planning automation

Increase

Service level

Reduce

Inventory level

Clients

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