Benchmarking Your Demand Management
Demand Management is a pivotal part of S&OP and Integrated Business Management. It crosses functions, integrates processes, and relies on data and tools to drive analytics, making it quite complex. Given the importance and challenges of Demand Management, it is critical that organizations embrace a Continuous Improvement mindset towards the competency. And the first step in driving improvement is understanding current capability through benchmarking. Benchmarking against best practices in Demand Management enables organizations to:
- Identify Best Practices
- Evaluate Performance
- Identify and Prioritize Improvements
- Drive Cost Efficiency
- Gain and Share Strategic Insights
In a recent Lunch & Learn, Tracy Daly shared how to go about benchmarking Demand Management using a simple and thorough approach.
In case you missed it, you can view the 15 minute recording of the webinar here.
OpExecs has recently launched a short course that will take you through the steps of benchmarking with the (downloadable) Diagnostic Survey. In less than 15 minutes, you will be ready to use this simple tool to assess your Demand Management versus >100 best practices. Benchmarking with the Diagnostic Survey allows you to identify improvement areas that will enable you to continue to build your Demand Management competency. Click here to learn more at OpExecs Academy.