Welcome to Perspectives on Enterprise Planning, a monthly newsletter devoted to the art and science of Enterprise Planning and Performance Managment. Each issue will deal with the challenges and opportunities facing today's sales, operations, product, finance and executive management professionals. If you would like to receive Perspectives on Enterprise Planning each month click here.
Best Practices

Supply Chain Management

John T. Mentzer

Sales Forecasting Management
John T. Mentzer and Carol C. Bienstock,

The Impact of Forecasting Improvement on Return on Shareholder Value
John T.Mentzer;
Journal of Business Forecasting

Improving Salesforce Forecasting
Mark A. Moon and John T. Mentzer;
Journal of Business Forecasting

Benchmarking Sales Forecasting Management
John T. Mentzer, Carol C. Bienstock, and Kenneth B. Kahn;
Business Horizons

Conferences & Events

Enterprise Planning Webinar--The Seven Keys to Better Forecasting

March 16, 2005, 1pm Eastern, 10am Pacific
Principal Speaker--
Dr. John T. (Tom) Mentzer, Ph.D.
Register here  for this webinar

5th Annual World Class Sales and Forecasting Management Conference, May 10-12, at University of Tennessee - Knoxville, College of Business Administration, Sales Forecasting Management Forum 
Click here for more info

Technology Ventures 2005 at Palo Alto Hills Golf & Country Club, Palo Alto, CA.
Click here for more info



Beyond the Spreadsheet: The Enterprise Plan of Record
Dr. J. Thomas Mentzer, Professor of Marketing and Logistics, University of Tennessee.
Maintaining sales force effectiveness, ensuring strong margins, supporting high order fill-rates, avoiding large inventory write-offs, and managing regulatory compliance requires companies to formulate strategic, tactical and supply plans based on a realistic view of demand. That's why in today's uncertain economic environment, enterprise planning processes have become business critical.

While millions of dollars in SCM, ERP and CRM system investments have helped improve efficiencies within each area of the organization, these systems were not designed for facilitating cross-functional business planning. As a result, most companies still rely on spreadsheets to support executive-level planning, while source data remains buried in enterprise systems. However, spreadsheets lack…

Managing Change and Uncertainty in New Product Introduction Planning Managing the Mix: Creating Demand Plans for Configured Products and their Underlying Components
Anders Gjerde, Senior Manager, Steelwedge Software, Inc.   Glen Margolis, Founder/EVP Services, Steelwedge Software
New products account for over 30% of sales revenue in many high technology companies. In spite of their importance, forecasting demand and managing this planning process remains a conundrum. In this article we discuss two key aspects of New Product Introduction planning and management that many companies struggle with:
  • How can we effectively manage frequent changes in demand projections or product configurations in a complex supply-chain?
  • With highly uncertain future demand forecasts; how do we balance the risk of excess inventory against the possibility of not being able to meet customer demand?
     
    This is about one of the fastest moving targets in industry today. Configured products, those with bundled components e.g. PC, monitor, keyboard, mouse, etc., are difficult to manage because they’re always on the move as components tend to change when new versions emerge, and as customer preferences change.

    Managing the product mix, or as some call it product configuration planning, is the process of creating demand plans for product combinations and options that customers will buy. It includes demand for configured product overall, and demand for the underlying Components. This is critical because:

         
    Case Study - Enterasys
    Enterprise Plan of Record in Action at a Networking Company

    Situation/Issues : Enterasys Networks is a global provider of Secure Networks TM for enterprise customers. The company found that its key metrics such as order-to-deliver time and fill rate were not doing well against the benchmarks set by their customers. They also realized that under their current Sales and Operations Planning (S&OP) process, each function extracted information from SAP and other sources and prepared its own plans employing spreadsheets. Reconciling the spreadsheets and information was a slow cumbersome process. .




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    Perspectives on Enterprise Planning is an electronic newsletter highlighting issues and trends in enterprise forecasting and planning. You are welcome to forward this newsletter to associates and business partners who have an interest in demand management. Published by STEELWEDGE, Inc., the leading innovator in the field of Enterprise Planning and Performance Management. For more information about STEELWEDGE, please visit http://www.steelwedge.com/.
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