Are you guilty of running your S&OP process on spreadsheets? Sure, it’s cheap and gets you off the ground fast, but you will expand and your operations will get more complex. Before you know it, you’ll be cutting corners just to keep up.
Your finances will take the first, and biggest, blow. Vast quantities of financial data will soon overwhelm your system, forcing you to ignore key information such as production costs and the financial impact of marketing strategies. It will be impossible for you to plan for profit.
Ensure your S&OP process is sitting on solid ground by implementing a robust planning platform that lets you scale up fast and plan for profit proactively.
Start small and raise the level of complexity step-by-step as you go along.
- Scenario planning
Make sure your scenario planning process includes all relevant constraints.
Download this whitepaper to uncover 3 more major pitfalls in sales and operations planning that could be hurting your bottom line.