Roadmap: Accelerating S&OP and IBP with Master Data Management
The availability of the right figures is crucial to the success of Sales & Operations Planning (S&OP) and Integrated Business Planning (IBP). And that’s precisely where things often go wrong. Poor-quality data is frequently the bottleneck preventing companies from making real progress towards reliable forecasting. Irrespective of the size of the organization, data is the operation’s fuel in today’s digital world and forms the foundation for S&OP or IBP. If the data is inaccurate, the ‘planning engine’ will splutter or – in the worst-case scenario – grind to a halt. Master Data Management (MDM) enables organizations to take control of their data quality and hence their planning process. With this roadmap, Supply Chain Media and Finavista suggest a step-by-step plan.
The first stop sign on the road to accelerating S&OP and IBP with Master Data Management is the maze of a MDM roadmap, where the organization in bewildered. To get the traffic light to turn green, and continue the road, you can:
- Perform MDM scan:
- Determine the current status of data management within the organization
- Decide on the long-term level of ambition (vision) in relation to S&OP/IBP
- Assess GAP to the short-term and longer-term goals
- Produce an MDM roadmap for achieving the short-term and longer-term goals.
Download the Roadmap
If you want to find out what other four stop signs could be on the road to accelerating S&OP and IBP with Master Data Management and how to solve them, fill in your contact details below and receive the full roadmap in your inbox for free.
Roadmaps Supply Chain Movement
The Roadmaps provided by Supply Chain Movement are visual representations of strategic plans that assist in optimizing supply chain processes. They present a simple way of illustrating how companies can achieve their desired objectives.
A Roadmap aids in:
- Identifying areas for improvement
- Implementing changes
- Increasing efficiency
- Enhancing competitive positioning
Find all roadmaps of Supply Chain Movement here >>
Download: Roadmap: Accelerating S&OP and IBP with Master Data Management
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