Learn from IBP implementations in service industries with new Oliver Wight white paper
In a new white paper, entitled ‘IBP – At Your Service’, Oliver Wight partners Rod Hozack and Stuart Harman examine the lessons that discrete manufacturers can learn from implementations in non-manufacturing environments that continue to yield benefits to the bottom line.
A recent study of S&OP/IBP practises by CSCOinsights shows that the majority of manufacturing companies still have relatively immature S&OP/IBP processes. So although initial implementation results in successes for manufacturing companies, many are failing to develop and further optimise their processes. In the latest white paper, business improvement specialists, Oliver Wight, suggest that inspiration for continued improvement can be found in unlikely places.
“Even in industries that, on the surface, seem dissimilar to a traditional manufacturing environment, there are common elements, and therefore lessons to be gleaned,” explains Rod Hozack, Partner at Oliver White Asia Pacific.
Examining successful IBP implementations in scientific research, medical services and retail models, the white paper looks at similarities across the varied industries that add up to continued development and improvement within the businesses.
“Manufacturing companies can learn a lot from these examples of successful non-manufacturing IBP implementations, and turn previous weaknesses into strengths by re-examining their own IBP process, beginning with the very next cycle,” Hozack expands.
Non-manufacturing deployments are not shackled with the paradigms of traditional manufacturing and distribution environments. They are looking at the process in a very different way, i.e. as a company framework to surface and solve problems and continually re-optimise plans as circumstances change.
“The benefits of benchmarking your progress against organisations in your own industry are well documented, but, by examining IBP implementations outside the immediate environment, it is clear that different industries can offer insights into what appears to be universal business success criteria,” Stuart Harman concludes.
Download the full white paper here: https://www.oliverwightasiapacific.com/en-GB/news-blog/white-papers/m/product/view/95
Oliver Wight AP
61 (0) 3 9596-5830
www.oliverwight-ap.com
Caroline Cross
RONIN Marketing Limited
44 (0) 20 3326 5039
caroline@roninmarketing.co.uk
www.roninmarketing.co.uk
About Oliver Wight
At Oliver Wight, we believe sustainable business improvement can only be delivered by your own people; so, unlike other consultancy firms, we transfer our knowledge to you. Pioneers of Sales and Operations Planning and originators of the fundamentals behind supply chain planning, Oliver Wight professionals are the acknowledged industry thought leaders for Integrated Business Planning (IBP).
Integrated Business Planning allows your senior executives to plan and manage the entire organisation over a 24-month horizon, while Oliver Wight’s extended Supply Chain Planning and Optimization ensures your supply chain is designed and structured to deliver best-in-class customer service with minimal costs. Using the Oliver Wight Maturity Model to pursue our globally recognised Class A standard for best practice will determine a tailored improvement journey for you to develop your organisation’s processes, and reach and sustain excellent business performance. With a track record of more than 40 years of helping some of the world’s best-known organisations, Oliver Wight will help you define your company’s vision for the future and deliver performance and financial results that last.
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