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Words from Wallace   March 2008 

 

In This Newsletter 

 

What's New: Sales & Operations Planning: The How -To Handbook, 3rd Edition

 

Bullets From Bob: Parallel Paths: Beware of a Too Full Plate

 

Upcoming Events: Find out if and when Tom or Bob will be in your area.

 

APICS/IBF Joint Symposium: Sales & Operations Planning: The Best of the Best

 


Pix of 3rd Ed

 

S54.95

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WHAT’S NEW

Well, the biggest news we have is that the THIRD EDITION of SALES & OPERATIONS PLANNING: THE HOW-TO HANDBOOK is off the press.

My co-author Bob Stahl and I are feeling pretty good about this book. We think the new material in it will help to “move the ball down the field” another few yards, to use a football analogy. In the Second Edition, we added new material not in the First Edition: Lean Manufacturing,  Supply Chain Management., Global S&OP,  Highly Seasonal Products, and Postponement.

Here’s the Third Edition material that was not in the Second:

1. Implementation Methodology – a better way to make it work

2. Behavioral Aspects of Implementation – it’s a people game, pure
    and simple

3. New Product Launch – how to make launches quicker and more
    sure footed

4. Risk Management – to help anticipate and recover from supply
    crashes in a world with longer and more brittle supply chains

5. Graphical Displays – in color

6. The Use of Control Charts – to monitor demand and supply
     variability

7. Software Selection Criteria – what should your S&OP software do
     for you?

8. Highly Variable Supply – where demand can’t be forecasted until supply is known

9. Fixing a Broken S&OP Process – it’s been installed, but it’s not working well
                    and last but not least

10. “Mini Case Studies” from Real World Companies

The book’s in stock; we’re shipping.  You may want to take a look a some Previews - Table of Contents, Prologue, and Chapter 1. End of commercial. Now here’s Bob with some very solid advice about full plates and working smarter.

Thanks for listening,

Tom Wallace 



Click thru to About Bob Stahl


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Bob Stahl

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BULLETS From BOB

Parallel Paths: Beware of a Too Full Plate

Recently  I was sitting on yet another airplane, on my way to visit a company getting ready to implement Executive S&OP. I recalled that a year ago this company was in a place where many companies find themselves today: with a full plate of work already, not counting this new opportunity called Executive S&OP.

After an Executive Briefing a year ago, they wisely decided that they had too much going on to give Executive S&OP the necessary time and effort. In addition to running the business (which required 110% or more of everyone’s time), they had two other major initiatives going on: a plant closing, and a once-in-a-lifetime marketing opportunity.

Facing this circumstance, they had two choices:

  • Find a way to carve out a “parallel path” and thus provide resources for Executive S&OP, or
  • Defer their work on Executive S&OP until their resources of time and energy freed up

They discussed and debated the alternatives, then determined that their decision to postpone was not a form of procrastination. Rather, it was a sincere desire to do Executive S&OP right, rather than do it sooner and wrong. They had to “clear the deck” by completing the two major initiatives already underway, in order to focus on Executive S&OP and give it the priority it deserved.

Executive S&OP is never all that a company has to do. What every company must do is find a way to have parallel paths for Executive S&OP and preexisting efforts and projects, so that appropriate resources can focus on Executive S&OP. If this can’t be done, then in order to be successful they must defer and clear the decks before they start. I call this “setting the conditions for success.”

The reason for this approach is found in the following keys to success:

  • Understand that, for most companies Executive S&OP requires a difficult 
    change in organizational behavior
  • Understand the work it will take to make the necessary changes
  • Have sufficient resources – the company’s own people – to get the work done
  • Be able to apply those resources to the tasks at hand as a high priority

To state the obvious: it's far better to do Executive S&OP later and correctly, rather than sooner and wrong!!

Good luck,

Bob Stahl

Click thru to upcoming events


S&OP CONFERENCE, CHICAGO, JUNE 19-20

APICS and IBF have joined hands to offer a 2 day symposium "Sales & Operations Planning, the Best of the Best", Chicago, June 19-20. This first-of-a-kind event will feature leading edge practitioners and thought leaders discussing what S&OP is, how it works, what benefits it yields, and how to make it work. 

Tom Wallace will give the opening address, setting the stage for the entire conference and will lead a panel discussion with experienced users from industries such as chemicals, heavy equipment, and pharmaceuticals. Bob Stahl will present on Successful Implementation with Rick Homac, VP Operations with Homac, a manufacturer of electrical equipment. 

 All attendees will receive a complimentary copy of the Sales and Operations Planning: The How-to Handbook, 3rd Edition.




The Review Package
Includes one each of these books that are dedicated to Sales & Operations Planning

The How -To Handbook, 3rd Edition

The Executive's Guide
The Self Audit Workbook
A Visual Introduction (CD-Video)


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A value of over $165.00
Review Package price $119.95

 

Review Package

If you already have an established S&OP process, but would like to update or improve it, this is a great place to start.
Or
If you are considering implementing S&OP and are looking for a comprehenisve overview.

This package allows you to make informed decisions.



We have created several packages designed to save you money while at the same time increasing your knowledge about S&OP and it's underlying processes.

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©2008 T. F. Wallace & Company
5450 Windridge Court, PO Box 43576, Cincinnati, OH 45243      Phone: (513) 281-0500
www.tfwallace.com         info@tfwallace.com
 


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