Finding
It may be especially important to have a new kind of software to respond to current challenges.
Paper
Beyond S&OP and IBP to Enterprise Planning and Performance Management: A Commentary on the Need for New Technology
Abstract
OThe biggest systems-integration challenge facing CEOs is how to seamlessly tie strategic decision making to operational execution (S&OP). It is a challenge because a) CEOs may not realize the potential that S&OP has to impact strategy, and b) the software that supports S&OP is too often used just as an operational tool. In spite of years of talk about how S&OP can be the process where strategy is translated into actionable operational plans, for many companies the process remains just a supply/demand balancing tool without much consideration of financial implications or supply/demand shaping. WhatOs needed. . . is new technology to enable strategic decision making for S&OP processes. It may be especially important to have a new kind of software to respond to current challenges. Copyright International Institute of Forecasters, 2016
Authors
N. Viswanathan
Journal
Foresight: The International Journal of Applied Forecasting