Beyond S&OP and IBP to Enterprise Planning and Performance Management: A Commentary on the Need for New Technology

Nari Viswanathan

Foresight: The International Journal of Applied Forecasting, 2016, issue 41, 35-36

Abstract: ÒThe 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. WhatÕs 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

Date: 2016
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