Demand planning (DP) in Sales and Operations Planning (S&OP) is the process of analysing previous trends and forecasting the demand for goods or services in the near future, it helps in producing and delivering goods or services more efficiently to the satisfaction of customers. DP and S&OP help in planning day to day functions that…
Tag: Supply Chain Management
What do you need for successful IBP implementation?
Integrated Business Planning (IBP) is a process that helps organisations achieve process excellence by identifying the gap between business targets and strategy (top-down) and the most likely outcomes (bottom-up). IBP is a cyclic monthly process that enables collaborative business planning and departmental alignment through cross-functional inputs, this ensures a higher degree of coordination to improve…
Assumptions and constraints in project management
Every project has certain assumptions and constraints that need to be considered while planning, these are inputs for many processes and they need to be identified and defined at the start. Assumptions Assumptions are the events or circumstances that are expected during a project’s lifecycle. For example, at the beginning of any project, we assume…
How does an end-to-end solution help in business management?
An end-to-end business management solution can be described as software that brings to your dashboard, all the key elements in a business. It is a centralised hub that enables collaborations between the departments from the beginning to the end. Effective management of supply chains and operations requires information sharing in real-time. The stakeholders and coordinators…
Supply Chain Management
What is Supply Chain Management? A supply chain is a series of processes that transform raw materials into the final product. Supply chain management is a process by which organisations achieve an efficient and cost-effective supply chain. It can be defined as management of the flow of materials, products and services. It is the centralised…
Business efficiency and productivity
Efficiency and productivity are the terms mostly used together but they have different meanings. Productivity is the quantitative measure of efficiency; efficiency can increase productivity. Productivity: the ratio of input and output Productivity focuses on the quantity of output; it is the rate at which goods are produced. It is defined as output per unit…
What can happen within a planning cycle?
Identification of resources, role assignments, implementation of tasks and evaluation are important parts of the planning cycle.
It is an iterative process; organisations can reconsider or repeat any step to find the most suitable alternatives.
Adapting to the current business environment
The unfortunate COVID-19 outbreak has affected every aspect of our lives. Major economies around the world are under lockdown to prevent the spread, and every country is feeling the aftershocks of this global tragedy. Businesses providing essential goods and services are dealing with the surging demand and supply challenges while the businesses providing non-essential products…
Integrated Business Planning (IBP) – Work hard; plan smart!
CedarHub helps businesses achieve their targets by ensuring real-time collaboration between all stakeholders, departmental alignment and centralized planning procedure.