Project
Strategy Planning - Implementation of a comprehensive Sales & Operational Planning (SOP) Solution integrating New Product Development and Category Management model.
Project Trigger
Transform operational efficiencies through streamlining New Product Development, enhancing category management, and aligning S&OP processes, impacting revenue and profitability growth.
Our Scope
- A streamlined New Product Development (NPD) process was implemented for faster innovation.
- Category Management Strategy development for product optimization.
- Integrated Sales & Operations Planning for inventory management.
Project Outcomes
- Efficient NPD Process: Structured stage gate funnel process to improve speed-to-market, establish business cases to support new product development, and ensure new product ideation capitalises on current market trends & opportunities.
- Optimised Category Performance: An analysis framework and process that will identify underperforming product groups and SKYs that will inform Key Account planning and SOPs alignment process
- Enhanced SOP efficiency: Achieved better alignment of demand forecasting with inventory management, resulting in optimised inventory levels.
Our Values
- Strategic Growth: enabled sustainable revenue growth and profitability through operational efficiencies and market responsiveness.
- Cost Reduction: Achieved direct cost savings and enhancing margins through improved inventory management and demand planning accuracy.
- Cross Functional Synergy: Fostered a collaborative environment across departments, enhancing agility and decision-making processes.
Top 3 Tips
- Foster cross-functional teams for innovation and efficiency.
- Invest in Analytics using forecasting tools to enhance demand planning accuracy and category management.
- Refine NPD process through implementing agile methodology to decrease time-to-market for new products.