“Integrated Tactical Planning saves many people-hours and truly empowers individuals to make the right decisions, at the right time, throughout the organization,” says Michael Effron, Chairman of Oliver Wight Americas.
NEW LONDON, N.H. (PRWEB) January 30, 2020
Even if businesses currently have a good Integrated Business Planning process, there is typically firefighting still taking place in the short term. As a result, businesses fail to realize IBP’s full benefits or deliver the projected results. Although IBP should encourage senior managers to focus on months four and beyond, the reality is that unless you have robust processes dealing with the short term, this just doesn’t happen. The results of a successful deployment of Integrated Tactical Planning will define a better way of executing the IBP plan while managing and communicating changes that inevitably happen in the short term. The outcome is more time for senior managers to spend on strategy and the longer-term horizon.
Our process covers the activities within the Integrated Tactical Planning time frame, referred to as the ‘planning time fence.’ Within the time fence, the same core plans used for Integrated Business Planning – product portfolio, demand, supply, and associated financial projections - are also used for Integrated Tactical Planning. Whereas the monthly Integrated Business Planning process manages resources and supply capabilities to meet the product portfolio and demand plans, the key concept of the Integrated Tactical Planning process is managing demand to match the relatively more inflexible resources and supply plan inside that short-term planning time fence.
“Integrated Tactical Planning saves many people-hours and truly empowers individuals to make the right decisions, at the right time, throughout the organization,” says Michael Effron, Chairman of Oliver Wight Americas. “So, as each day, week, and month passes, the process allows for proactive gear changes to shifting circumstances, rather than costly uncontrolled reactions or firefighting.”
Click here for more information on ITP: https://www.oliverwight-americas.com/integrated-tactical-planning
Stay tuned for upcoming white papers, webinars, videos, and books on this promising new topic! Or, call us at 800-258-3862 to find out how to implement this process in your company today!
About Oliver Wight - https://www.oliverwight-americas.com
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 organization over a minimum 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 recognized Class A standard for best practice will determine a tailored improvement journey for you to develop your organization’s processes and reach and sustain excellent business performance. With a track record of more than 50 years of helping some of the world’s best-known organizations, Oliver Wight will help you define your company’s vision for the future and deliver performance and financial results that last.