New Product Forecasting and the S&OP Process
Discover how member companies are forecasting new product and how it should be handled in the S&OP process.
- 2:00 PM
Event Assets
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Description
New product introductions can be more difficult to forecast than current products due in part to new suppliers and production locations altering lead times and lack of historical sales data on similar products may not be useful. This also presents challenges from an S&OP perspective with launch dates, engineering specifying new components/only source suppliers and potential changes in standard pricing structures that requires the supply chain to handle in a different matter.
In this installment of the S&OP SIG, we will explore the challenges and best practices of member companies when it comes to new product launches. Dr. Enno Siemsen will present on best practices on how to handle new product within the S&OP process.
While this is part of the S&OP series, any company or professional with new product forecasting responsibility will find this meeting useful if they are looking for best practices and benchmarking against other members processes when it comes to new product launches.
Participate in Customizing the Agenda: You’ll have the opportunity to play an active part in shaping the agenda for this session – and to maximize its relevance for you – by suggesting and selecting topics for break-out discussions. Once the agenda is complete, you choose the discussions you want to join. This will be a highly interactive session so come prepared to share your questions, challenges and insights!
Agenda Items
| 9:00 AM | Welcome and Introductions |
| 9:45 AM | Tying in New Product Introductions into the S&OP Process |
| Dr. Enno Siemsen, Professor, Erdman Center for Operations and Technology | |
| 10:45 AM | Break |
| 11:00 AM | Breakout Discussion 1 |
| 11:30 AM | Breakout Recap |
| 11:45 AM | Lunch |
| 12:45 PM | Breakout Discussion 2 |
| 1:30 PM | Group Discussion and Future S&OP Topics |
| 2:00 PM | Adjourn |
Additional Information
Location: Pyle CenterLocation Address: 702 Langdon Street, Madison, WI 53706
Contact: Events Team, 608-890-1406, events@uwebc.wisc.edu