Reduce working capital requirements
Lower inventory shrinkage
Reduce transportation spend
Prevent costly production errors
How LIDD helps.
Collaborating with your company’s executives, LIDD delivers integrated business processes that serve as a roadmap for building, maintaining, and executing your company’s operational plan. We help companies leverage their existing technology and deploy capital effectively by selecting software solutions that best fit your processes.
S&OP significantly improves communication, forecasting, and costs, ultimately increasing your customer experience and bottom line.
We work with you to develop an S&OP playbook based on best practices and then develop an action plan to kick-start the process.
With a strong understanding of your S&OP requirements, LIDD ensures that your capital is invested in a best-fit software solution.
Change is challenging. LIDD helps you develop internal tools and resources so as that your sales team can run S&OP cycles independently.
Why is S&OP important at any stage of growth?
Now more than ever, companies need to adapt to the ever-changing conditions of globalized supply chains. For a business to succeed in this complex environment, you need planned flexibility to continue meeting and exceeding your customers’ expectations.
While you may be efficient at reacting to change, this approach isn’t sustainable. You’ll reach a point where your organization cannot respond fast enough. Whether caused by growth, inflation, labor shortages, or supplier issues, when you encounter a strong headwind, you must adapt with a solid planning process. LIDD can help you define and implement this proactive planning approach.
Improve transparency throughout your organization.
For departments to align on corporate objectives, you need to have a process and tools in place to share information and build consensus.
S&OP formalizes communication and stimulates productive dialogue. It ensures that all departments agree on assumptions and tradeoffs.
Translate business strategy into action.
An integrated planning process aligns demand, supply, and financial planning. The S&OP process consists of a series of recurring interdepartmental meetings that help you stay within your company’s risk tolerance.
The purpose of these meetings is to channel the flow of information and incorporate all necessary input into making business decisions.
Get expert advice at every stage of the S&OP cycle.
Evaluate your company’s product portfolio and forecast unconstrained demand, accounting for market trends, new product introduction, and promotions.
Generate an inventory plan to meet the demand. Determine if and how the corresponding inventory requirements can be met with existing assets (e.g. make, buy, store). Anticipate capacity constraints months in advance and align on potential solutions.
Generate a procurement plan to meet the supply plan. Align with the business on the potential risks and benefits ahead of securing large contracts.
Financially analyze the plan and approve the costs, working capital commitments, and any investment required to execute the plan.
Management Business Review
Resolve any remaining issues to achieve consensus and executive approval of a final plan.
Relies on shared data
Prioritizes risks and opportunities
Balances payoffs and tradeoffs
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A Toronto based organic grocer operating four grocery stores and a distribution centre.
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