Are you still thinking that it isn’t necessary to take to next-gen S&OP solutions to replace spreadsheets?
Then ask yourself some simple questions: why would you even think of growth if you enjoy settling for less? How efficient can your business be when you have to drudge in spreadsheets? How much can it grow? Imagine dealing with an Australian supplier from your office in Amsterdam, for example.
How much visibility into the supplier’s operations will you get without the right tool?
With a proper solution, you can streamline those processes by providing a way to collaborate with suppliers, distributors, and other trade partners—in just a few clicks of the mouse at any time you like.
On the other hand, with an articulated planning solution (not just confined within S&OP, we are also talking about supply or demand planning software) you can quickly analyze the effects of unexpected or planned events to determine the appropriate response for anything from worst-case to best-case scenarios and make the right choice. These solutions even allow you to tap into master data-level changes, like new product introductions—while this remains a fantasy for spreadsheets’ users.
Another surprising fact, according to the Association of Chartered Certified Accountants (ACCA), more than 90 percent of spreadsheets have been and will be error-ridden, whereas a startling amount of more than 90 percent of spreadsheet users believe that their models are safe from errors. And while they are seemingly harmless in the short-term, overconfidence can prove insidious in the long run.
Now, for the innovative minds, the final question arises: what do you need to do? It’s to improve your S&OP processes; some of you might think it is too late by now, but better late than never!
And this is what you need to find out! It is now important to find an S&OP software that fulfills the essentials of a proper S&OP process. The newest technologies can rev up your ability to compel the breakneck development velocity of supply-chain digitization.
And what is better, you can save yourself the hassle of complexity by orchestrating every detail from the system with:
- Improve decision-making processes and leverage performances through elaborated and meaningful insights.
- Never miss out on any opportunity with all-around S&OP process analysis.
- Ease off communications with in-line collaboration, task management, and meetings.
- Speed up accessibility to relevant data and information.
- Reduce misallocated resources and interdepartmental conflicts with better insights for the planning process
- Avoid hassle from supply chain constraints, excess capacity & inventory, and cut down costs.
Implementing an already mature S&OP is, of course, not a walk in the park for companies. However, those that succeed will enjoy some significant benefits to their operations planning. So what do you need to do now? It’s simple: Find an effective Integrated Business Planning (IBP) platform that can provide superior supply chain planning capabilities like end-to-end visibility, automated and highly evident decision-making support, precise demand forecasting, etc. By then, you are free to relish the market opportunities that have been insofar overlooked by out-dated systems.