Growth Strategy Partners, in association with the National Association of Sporting Goods Wholesalers, conducted a webinar called Improving Fill Rates While Decreasing Costs with Sales and Operations Planning. The purpose of the webinar was to educate shooting sports industry executives on the benefits of S&OP and how to implement it in their businesses.
During the webinar, attendees were asked, “How would you rate the sophistication of your S&OP process?”
“The shooting sports industry has a more complex supply chain and it is quickly impacted by world events and legislation, therefore I was surprised at the percent of companies in the lower performance categories,” states Chris DiCenso, the Managing Partner of Growth Strategy Partners and one of the presenters.
Sales and operations planning has shown to increase order fill rate by over 54%, increase inventory turns 52%, and decrease costs over 10%.
So, what are the challenges executives are facing when trying to implement S&OP? Attendees identified these challenges:
The webinar was recorded and can be viewed at https://nasgw.org/webinars/web...Back to Recent News