Corporate Strategic Planning

Align strategic business goals with product strategy

At every company, it can be easy to get caught up in day-to-day efforts and lose sight of high-level business strategy. That’s why it’s critical that all activities connect to the corporate strategic plan. Understanding your long-term goals and competitive differentiators and connecting those to short- and mid-term activities helps to ensure profitability and effective decision-making.

Aligning financial goals with product strategy is critical: Which products should you make and which should you discontinue? Which markets should you sell into? How do you manage a new product introduction? Connecting your corporate goals to the sales and operations planning (S&OP) process helps to ensure you’re translating strategy into tactics and enforcing the plan.

Steelwedge Executive S&OP aligns consensus demand forecasts, constrained supply plans and financial plans to engage C-level stakeholders in the strategic planning process and ensure that critical decisions are data-driven and timely. Executives can see the whole spectrum of demand and supply with a clear perspective on the financial impact of potential “what-if” scenarios.

With this comprehensive view, you can identify and resolve exceptions, evaluate capacity and inventory trade-offs, understand working capital requirements and manage the impact on margins. Further, with Steelwedge, you can capture the business context and assumptions linked to alternative scenarios for future reference and to ensure accountability for these decisions.