JDA Software Offers Next-Generation S&OP Strategies to Drive Better Decision Making and Improved Profitability
September 23 2010 - 8:00AM
Business Wire
Today’s manufacturers, distributors and retailers need a
strategic sales and operations planning (S&OP) process that
will help them deal with increasingly complex operations, growing
demand from consumers and the ever-present need to cut costs. Too
often, however, a company’s S&OP process is merely a tactical
exercise in balancing supply and demand. S&OP must evolve into
an integrated business planning approach that aligns
cross-functional areas of the business with its financial
objectives.
“Next-generation S&OP enables businesses to better align
their financial objectives with available capacity and resources,
product launches, production plans, as well as sales and marketing
programs,” said Fred Baumann, vice president, industry
strategies, JDA Software. “As a result, more informed supply
chain decisions can be made to ensure that the right amount of raw
material is procured, the right amount of product is manufactured
and that inventory levels are optimized to support go-to-market
strategies.”
At the 2010 CSCMP Annual Global Conference, Sept. 26-29
in San Diego, Calif., JDA Software Group, Inc., The
Supply Chain Company®, will highlight the following strategies to
help companies adopt a more strategic S&OP approach:
- Managing consensus:
Oftentimes, there is limited participation from key stakeholders
across the business. The S&OP process must be communicated in a
language that different stakeholders can understand to foster
accountability during management review meetings. A company’s sales
executive will want to view the plan by significant account, while
the chief financial officer will want the plan represented in
financial terms. An S&OP solution that provides aggregate views
of the plan will improve collaboration among trading partners and
enable reconciliation at the detailed level.
- Enforcing accountability:
A strategic S&OP process must be monitored to ensure that
performance measures are met. Next-generation technology publishes
one version of the plan with varying scenarios and then audits it
over time, highlighting when certain activities are due and
tracking performance against agreed-upon targets. Such a solution
can also provide business process orchestration to define the steps
and cadence of the S&OP meetings, identify the stakeholders
responsible for deliverables and provide monitoring alerts,
enabling faster action when critical decisions must be made.
- Improving data
consolidation: Subpar S&OP processes leverage manual data
generated from multiple – and oftentimes disparate – systems. A lot
of time is spent trying to collate the information, which can
result in major disconnects between detailed- and aggregate-level
plans. It can also create errors caused by data latency across
multiple independent systems that are not synchronized. Using a
solution to automate the collection and consolidation of data from
multiple systems into a common synchronized repository will speed
decision making and plan accuracy.
- Assessing the impact of
changes: Companies working with incomplete or outdated
information will be hard pressed to quickly assess and effectively
make changes to their overall S&OP processes. Next-generation
S&OP solutions provide robust, what-if scenario planning
capabilities that can help manufacturers measure the financial
impact that a particular scenario may have on the business, as well
as provide a framework for making the most optimal decision.
JDA Executives and Customers to Present at CSCMP 2010
During the following 2010 CSCMP sessions, JDA executives and
leading companies, including Coca-Cola Bottling Company
Consolidated, Lowe’s Companies, Inc. and Whirlpool
Corporation, will share S&OP and supply chain best
practices to improve collaboration, streamline business operations,
drive down costs and enhance profitability:
- The Evolution of S&OP to
Integrated Business Planning: JDA’s Fred Baumann will
participate in a panel discussion on the transformation of S&OP
from a foundation of demand/supply balancing to a framework for
integrated business planning. The panel will provide a practical
understanding of how the process has matured, recent trends and how
it is likely to evolve going forward. (Sept. 27, 10-11:30
a.m.)
- Make, Sell and Deliver Coke
Products to 18 Million Thirsty Consumers: With diverse consumer
preferences in a crowded-shelves environment, beverage companies
must differentiate themselves by introducing innovative products
and pushing for distribution speed and efficiency. Charles
Devenney, director of supply chain planning for Coca-Cola Bottling
Company Consolidated, and David Johnston, senior vice
president, supply chain, JDA Software, will discuss how
integrated supply chain planning processes, tools and people help
businesses gauge and respond to the rapid changes in market demand.
(Sept. 27, 10-11:30 a.m.)
- Linking Retail and
Manufacturing S&OP through Collaborative Planning: JDA’s
Fred Baumann will join executives from Whirlpool and
Lowe’s in a panel that will discuss how linking
collaborative planning, forecasting and replenishment (CPFR®) and
S&OP can create an integrated business planning process within
and across trading partners. The session will feature lessons
learned and benefits achieved, as well as an interactive discussion
on how to get this process started in your own organization. (Sept.
28, 3:30-5:00 p.m.)
To learn more about JDA’s solutions and services that help
businesses improve their S&OP and supply chain management
strategies, visit www.jda.com.
About JDA Software Group, Inc.
JDA® Software Group, Inc. (NASDAQ: JDAS), The Supply Chain
Company®, is a leading provider of innovative supply chain
management, merchandising and pricing excellence solutions. JDA
empowers more than 6,000 companies of all sizes to make optimal
decisions that improve profitability and achieve real results in
the discrete and process manufacturing, wholesale distribution,
transportation, retail and services industries. With an integrated
solutions offering that spans the entire supply chain from
materials to the consumer, JDA leverages the powerful heritage and
knowledge capital of acquired market leaders including i2
Technologies®, Manugistics®, E3®, Intactix® and Arthur®. JDA’s
multiple service options provide customers with flexible
configurations, rapid time-to-value, lower total cost of ownership
and 24/7 functional and technical support and expertise. To learn
more about JDA Software, please visit www.jda.com, e-mail
info@jda.com or follow JDASoftware on Twitter.
This press release contains forward-looking statements that are
made in reliance upon the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are generally accompanied by words such as “can,”
“will,” “ensure,” “help,” “enable” and “expect” and other words
with forward-looking connotations. In this press release, such
forward-looking statements include, without limitation, comments
and remarks that certain S&OP strategies can enable our
customers to obtain certain benefits. The occurrence of future
events may involve a number of risks and uncertainties, including,
but not limited to: (a) the strategies may not produce the
anticipated results; (b) there may be implementation and
integration problems associated with the solutions associated with
these strategies; and (c) other risks detailed from time to time in
the “Risk Factors” section of our filings with the Securities and
Exchange Commission. Additional information relating to the
uncertainty affecting our business is contained in our filings with
the SEC. As a result of these and other risks, actual results may
differ materially from those predicted. JDA is not under any
obligation to (and expressly disclaims any such obligation to)
update or alter its forward-looking statements, whether as a result
of new information, future events or otherwise.
“JDA” is a trademark or registered trademark of JDA Software
Group, Inc. Any trade, product or service name referenced in this
document using the name “JDA” or “i2” is a trademark and/or
property of JDA Software Group, Inc.
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