WBSRocks: Business Growth with ERP and Digital Transformation

WBSP055: Grow Your Business by Doing Sales and Operations Planning Appropriately w/ Michael Ryan

March 30, 2021 Sam Gupta Episode 55
WBSRocks: Business Growth with ERP and Digital Transformation
WBSP055: Grow Your Business by Doing Sales and Operations Planning Appropriately w/ Michael Ryan
Show Notes Chapter Markers

As your business grows, it's hard to find that Goldilocks zone of inventory so that neither you lose on opportunities nor lock your cash down. Sales and operations planning is easier said than done. The problem becomes more complex when you might have a high mix of your products, especially if you might be tracking your KPIs manually or on a spreadsheet.

In today's episode, we have our guest Mike Ryan, who discusses how to do sales and operations planning appropriately for a growing business. He also discusses his lessons learned from various KPIs pertaining to sales and operations planning and how to streamline them to maintain appropriate levels of inventory and cash. Finally, he shares his insights into several inflection points of growth for businesses and their needs for proper S&OP systems.

For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.

Intro
Personal journey and current focus
Perspective on growth
What is S&OP planning?
The implications of poor S&OP planning
On-time delivery and absorption
The accuracy of S&OP metrics
Tracking schedule on the spreadsheet
Closing thoughts
Planning issues due to the complex product mix of SMB businesses
Outro