How to Perfect Your Risk Mitigation Strategies

As we well know, there are risks inherent in almost every major business decision. Even if decision-makers opt out of an opportunity because it seems too risky, that decision in itself can still be hazardous. Being too timid could lead to things like new markets not being pursued, new products not being developed or allowing competitors to gain the advantage. Therefore, it's crucial to have a detailed, data-backed strategy in place to measure and reduce risk.

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Webinar: Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis

River Logic and Supply Chain Consulting Partner Spinnaker Management will be hosting a webinar on March 7, 2018 entitled "Data-Driven Decisions in S&OP—Bring Reliability and Speed to Optimized Scenario Analysis."

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River Logic Positioned in the Leaders Quadrant of Gartner’s Magic Quadrant for S&OP Systems of Differentiation

Dallas, TX—May 11, 2017. River Logic, Inc. announced today that it has been positioned as a Leader in Gartner’s Magic Quadrant for Sales and Operations Planning Systems of Differentiation. River Logic believes that it has been positioned as a leader based on the functional offerings of its Planning and Prescriptive Analytics Platform that has recently expanded to include a cloud-based scenario creation, visualization and analysis component purpose built for business leaders.

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[Reblog] How to Integrate Financials with S&OP

A few days back, well-known S&OP / IBP consultant Stephen Crane posted an article on LinkedIn entitled "How to Integrate Financials with S&OP." It was refreshing for us here at River Logic to see this type of post coming from someone like Stephen — a big voice in the S&OP / IBP space — as this is a concept we've been trying to push for years now.

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Syncing Financial And Non-Financial Data

A recent blog post by Ira Apfel on SAP's Digitalist Magazine discusses how the role of Financial Planning and Analysis (FP&A) roles are headed toward Integrated Planning (also referred to as Integrated Financial Planning or Integrated Business Planning).

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An S&OP Expert Interview Series by Niels Van Hove

Over the last month, Sales and Operations Planning (S&OP) and Supply Chain expert Niels Van Hove has published a series of expert interviews on his blog, Supply Chain Trend. The goal was to understand where S&OP stands today and what each interviewee's view is for the future. Below is a list of the 5 interviews he conducted with a link to each, as well as an introduction on why Van Hove chose to conduct this series on S&OP.

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Sales and Operations Planning is Still the Best Way to Manage Global Supply Chains

The evolution of linear supply chains into global demand-supply networks has been happening over the last two decades. Companies have benefitted from low cost supply of labor as well as raw materials to bring down the Cost of Goods Sold for the products that they manufacture. This has resulted in bottom-line profits.

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Why Supply Chain Planning with Sustainability is Growing in Importance

The move to greater sustainability can be seen everywhere from small, local businesses to large multinational ones. While many companies identify the supply chain as the most difficult aspect of their business to make sustainable, it is also one of the most important.

This is largely due to the impact that a sustainable supply chain can have on the overall well-being of society and the environment. However, the benefits to the actual business should not be overlooked. One advantage is developed through increased brand value due to consumer concern with the environment, but there are other benefits as well.

Consider the fact that sustainable supply chains are, by their very nature, less resource intensive than their counterparts. A move to greater sustainability involves a move to greater efficiency, as the two go hand in hand. This means that despite upfront costs, investments in sustainability can actually significantly decrease expenses in the long term.

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An S&OP Communication Plan: The Final Step in Support of Company Strategy

Occasional River Logic guest blogger and global supply chain influencer / expert Niels Van Hove recently published an Sales and Operations Planning (S&OP) commentary in Foresight Magazine's Summer 2016 edition. Entitled An S&OP Communication Plan: The Final Step in Support of Company Strategy, Niels makes the argument that without frequent and systematic company-wide communication, S&OP goals will remain largely unmet, despite advancing levels of S&OP maturity within a particular business or enterprise.  

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Beyond S&OP and IBP ... A Commentary on the Need for New Technology

In his article in the previous issue of Foresight, Dean Sorensen (2016) argued that while there is increasing complexity in business environments, there has not been enough focus on tying strategy to execution. I am in agreement with him: I think the biggest systems integration challenge facing CEOs is how to seamlessly tie strategic decision making to operational execution (Sales and Operations Planning). 

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Supply Chain Brief