After a long year of hardship and loss, the world economy seems set to rebound. There’s hope that COVID-19 will be vanquished through mass vaccination campaigns. Economic activity is set to return to some semblance of normality. The IMF anticipates that world GDP will grow by 5.5% in 2021 and 4.2% in
In recent years, S&OP has shifted as management has begun redefining the objectives of S&OP to focus on maximizing the value generation for shareholders while appropriately balancing strategic objectives and risk.
At the same time, the Deloitte’s Global Chief Procurement Officer Survey 2019, released in October, shows businesses are increasingly concerned about their vulnerability to growing political and economic risks. Specifically, they are concerned about a possible downturn along with how to handle ongoing trade uncertainty. In this context, Deloitte has
Imagine if planning didn’t have to be difficult, time-consuming, or territorial? Considering the continuing expansion of automation and data, is this possible?
Initially, planning activities were centered entirely on metrics, such as:
It’s in such situations that integrated business planning (IBP) is an effective mechanism for bridging the gap between the present and the future. Additionally, IBP support software that analyzes your data helps reduce the workload, while optimization software allows your team to evaluate scenarios and determine the best way to
