With a more proactive sharing strategy in place, companies using Retail S&OP are more adept at balancing and forecasting supply and demand, making the entire retail supply chain less reactive and, thereby, saving money for everyone involved.
New London, NH (PRWEB) July 13, 2010
Oliver Wight Americas, Inc., the global management consulting firm that developed S&OP (sales and operations planning), announces the release of its newest article on Retail S&OP. The article, co-authored by Oliver Wight principals Ron Ireland and Mary Adamy, outlines the key elements of integrating Retail S&OP successfully.
Ireland and Adamy introduce the benefits of Retail S&OP in the manufacturing sector as well as its subsequent impact on the retailer and retailer's suppliers. In many cases, Retail S&OP initiatives are poorly integrated, if at all, causing the retail supply chain to remain unpredictable and, thereby, minimizing the benefits a retail supplier could see. Ireland provides a number of touch points to address these situations.
"Reciprocation and trust remain vital in keeping the supply chain strong," said Ron Ireland of Oliver Wight Americas. "With a more proactive sharing strategy in place, companies using Retail S&OP are more adept at balancing and forecasting supply and demand, making the entire retail supply chain less reactive and, thereby, saving money for everyone involved."
Throughout 2010, Oliver Wight principals will be attending tradeshows and conferences across North America to discuss key issues and benefits of implementing Retail S&OP initiatives that adhere to Class A Best Practices. To sign up for courses offered by the management consulting firm, please visit http://www.oliverwight-americas.com/courses/index.htm or read Ireland and Adamy's article at http://www.oliverwight-americas.com/business-management-articles/retails&op.htm.
About Oliver Wight Americas, Inc.
Oliver Wight Americas has been both a thought leader and hands-on practitioner for over 40 years. As a global business management consulting and education firm, the company specializes in helping organizations work smarter, faster, and better than their competitors. Its principals are seasoned professionals who have real-world manufacturing experience and transfer this knowledge to the people at all levels of an organization, providing tools to help organizations internalize that knowledge and achieve a competitive advantage in the marketplace. The largest world-wide consultancy of its type, Oliver Wight has offices throughout Europe, North and South America, and the Asia/Pacific Region.
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