Integrate functional aspects of your business with effective sales and operational planning The sales and operations planning process is about turning strategy into revenue and is critical to the success of any supply chain. It is a process that binds together the various functions that support the effective planning and delivery of products and services to your customers. Sales and operations planning will have a positive impact on every key performance indicator in the business. If any part of the process is not done in a proper manner, it can decouple the entire supply chain and negatively affect your financial performance. The organizations which integrate effective sales and operations planning process in their operations are more effective at driving benefits for their organization. This process helps in predicting the customers’ demand and in organizing the use of various resources in order to meet those demands. Group50, a leading sales and operational planning consulting firm works with clients to develop effective sales and operations planning processes that are focused on the critical performance aspects of the business. An effective process will reduce the required working capital in the business while delivering a high service level to the customers and increased revenues. It will also tie together the planning efforts of Marketing, Sales, Product Management, Operations, Supply Chain and Vendors, requiring that their objectives are all met. Some of the significant benefits of sales and operations planning Integrates various functions
One of the major benefits of sales and operations planning is better integration between all the functional aspects of a business. It helps in creating detailed plans that are well aligned with the organization’s bottom line. Real time data analytics With real time data analytics, organizations can predict future demand. With effective sales and operations planning, a standard benchmark can be set for meeting all these demands and to improve overall performance of the firm. Leverage technology This process makes use of technology that provides insights into real time data and decision making information. It also helps in linking suppliers to manufacturers and retailers in order to improve the supply networks and customer service. Brings collaboration among various departments With sales and operations planning, collaboration can be achieved within various interrelated departments such as sales and marketing, finance and production. Group50’s sales and operational planning consultants have experience with running the supply chain for companies ranging from start-ups to Fortune 100. Each company’s sales and operations planning approach is dictated by its’ served markets, financial needs and service level objectives. Their consultants understand how people, process and technology affect sales and operations planning systems and focus their recommendations on optimizing all three. Talk to Group50’s sales and operations planning expert to find out more about their services. Visit: https://www.group50.com/