Learn From IBP Implementations in Service Industries With New Oliver Wight White Paper
Victoria 3186, Australia, September 8, 2015 (Newswire.com) - A recent study of S&OP/IBP practises by CSCOinsights shows that the majority of manufacturing companies still have relatively immature S&OP/IBP processes. So although initial implementation results in successes for manufacturing companies, many are failing to develop and further optimise their processes. In the latest white paper, business improvement specialists, Oliver Wight, suggest that inspiration for continued improvement can be found in unlikely places.
“Even in industries that, on the surface, seem dissimilar to a traditional manufacturing environment, there are common elements, and therefore lessons to be gleaned,” explains Rod Hozack, Partner at Oliver White Asia Pacific.
"Manufacturing companies can learn a lot from these examples of successful non-manufacturing IBP implementations, and turn previous weaknesses into strengths by re-examining their own IBP process, beginning with the very next cycle,"
Rod Hozack, Partner at Oliver White Asia Pacific
Examining successful IBP implementations in scientific research, medical services and retail models, the white paper looks at similarities across the varied industries that add up to continued development and improvement within the businesses.
“Manufacturing companies can learn a lot from these examples of successful non-manufacturing IBP implementations, and turn previous weaknesses into strengths by re-examining their own IBP process, beginning with the very next cycle,” Hozack expands.
Non-manufacturing deployments are not shackled with the paradigms of traditional manufacturing and distribution environments. They are looking at the process in a very different way, i.e. as a company framework to surface and solve problems and continually re-optimise plans as circumstances change.
“The benefits of benchmarking your progress against organisations in your own industry are well documented, but, by examining IBP implementations outside the immediate environment, it is clear that different industries can offer insights into what appears to be universal business success criteria,” Stuart Harman concludes.