IBF on Demand, sponsored by Arkieva, your one-plan S&OP software. Learn more about Arkieva's approach to S&OP here: https://bit.ly/improving-sop-performanceSee how IBF's S&OP assessments help your company get started in S&OP or improve existing processes with industry-leading bench-marking and recommendations: https://bit.ly/3d58dMTWhat exactly are the new 5 steps in S&OP for 2020? I interview demand planning guru and self-proclaimed S&OP nerd Pat Bower. Sr. Director Global Supply Chain Planning & Customer Service at Combe Inc. We discuss what best in class S&OP looks like, what process steps you need and how to get started with your S&OP process. 04:00 Special guest Pat Bower, self-proclaimed S&OP nerd and demand planning leader05:35 How many steps we need in an S&OP process10:16 Is the traditional 5 step process from the 1990's still viable?12:20 Best practices for data gathering and the Product Review14:40 Why SKUs are growing and inventory turns look unusual compared to the past16:40 What needs to lie within S&OP and what lies outside it?23:40 Looping S&OP back to feed functional and operational systems25:10 Newcomers! Start with demand then move to supply, and don't try to do all steps at once28:05 Three golden rules to remember about S&OP 33:50 How IBF's S&OP and assessments get your company on the path to S&OP successFind out more about IBF at www.ibf.org and www.demand-planning.comFind out about Arkieva at www.arkieva.comSHOW LESSSupport the showTo sign up for regular updates and the latest research, events, articles, podcasts and more from the Institute of Business Forecasting & Training, visit www.ibf.org

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