Bottled gold or…
Silly decision?
In our latest Silly Decisions story, we’re looking at why stock and sales data that’s just not granular enough can lead to a real product pile-up. Ready?
A retailer with a chain of stores looks at its sales tracker and sees what looks like a huge success story. Water bottle sales are brilliant. In fact, they need to order more stock to see them through to the end of summer. Except…
Disconnected planning and poor visibility means the retailer can’t see what’s really going on. While bottles are selling well at their three seaside stores, they’ve dropped right off everywhere else. Which means when all those new bottles get delivered, most branches will struggle to sell them, and be left with boxes of surplus stock, well into winter.
It’s the kind of simple, understandable mistake that causes major headaches for all kinds of businesses, all the time. But that doesn’t mean it’s inevitable. Integrated business planning (IBP) is a powerful way to bring your data and teams together, so you can make joined-up business decisions that make better sense for everyone.
We’re better in person
Here at Fidenda, we help all kinds of complex organisations successfully implement IBP. So if you’d like to explore how it could work for you, just get in touch.
