-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
8 Measures for Sales and Operations Planning in Turbulent Times, Part 3
July 30, 2020 | Fane Friberg, CEPHASEstimated reading time: 2 minutes
In this series, CEPHAS principal Fane Friberg highlights the interdependent elements of an effective S&OP process for leaders of supply chain management. While some companies tend to fall back on the status quo, Freiberg highlights why it’s critical to actually increase the frequency of the S&OP rather than decrease the operations. He has reviewed the importance of staying committed and strategic imperatives. Today, he discusses participation.
Focus #3: Participation
You cannot have an effective S&OP meeting without sales. It is critical that all department leaders, at a minimum, are actively participating in the process. During this crisis, Morgan Stanley is projecting that for the U.S., the GDP will decline by 30%, and unemployment could potentially exceed 12% [1]. Thus, weekly S&OP meetings are strongly suggested.
In addition to the sales team (field and inside), the supply chain operations team is very key in this collaboration. With the sourcing team keeping the enterprise aware of the ever-changing events and supply with their networks, this also may include having to find replacement supply for companies that have not been able to sustain the economic pressures from the pandemic.
Again, the manufacturing operations teams must leverage the demand and forecast to ensure that they have ample humans, machines, methods, and materials to fill what may be a shift in the demand profile. The biggest challenge is to stay actively aware of and compliant with all state and federal regulations on workplace safety for the essential workers. As there are changes in the workforce availability, operations must candidly keep the other members of the S&OP process aware of any changing dynamics that may hinder the fulfillment of the desired customer experience.
Finance and executive leadership will always have to ensure a robust infrastructure and processes to provide remote workforces real-time access to critical information, data, and business performance, as well as necessary methodologies for quickly communicating when variations are required to execute actionable real-time modifications.
Subsequently, the S&OP participants will aggregate these data points to determine the strategic and economic direction of the organization focused on safety, effective communication, customer, and shareholder expectations. As with any plan, the enterprise will be expected to use real-time understanding to quickly react to any disruptions within the business cycle.
References
- C. Reinicke, “Morgan Stanley now thinks U.S. GDP will shrink 30% next quarter as coronavirus pushes unemployment to historic highs,” Business Insider, March 23, 2020.
Fane Friberg is principal of CEPHAS.
To read Part 1 of this series, click here.
Suggested Items
Argonne, Toyota Collaborate on Cutting-Edge Battery Recycling Process
05/01/2024 | BUSINESS WIREThe U.S. Department of Energy’s (DOE) Argonne National Laboratory has recently launched a collaboration with Toyota Motor North America that could reduce the nation’s reliance on foreign sources of battery materials.
Real Time with… IPC APEX EXPO 2024: Outlining Rehm's Innovations and Global Presence
05/01/2024 | Real Time with...IPC APEX EXPOMichael Hanke, the chief sales officer for Rehm Thermal Systems, shares insights on the North American market, new machinery, and software development. He also discusses Rehm's turnkey solutions, process flexibility, global presence, and the dedicated team of 700 employees working on global solutions.
The Knowledge Base: A CM’s Perspective on Box Build Practices
04/30/2024 | Mike Konrad -- Column: The Knowledge BaseIn the ever-evolving landscape of electronics manufacturing, the box-build process stands out as a critical phase that bridges the gap between individual component manufacturing and the delivery of a fully functional electronic system. This intricate procedure, encompassing the assembly of everything from PCBs to wire harnesses and mechanical enclosures, demands a high level of precision, efficiency, and innovation. As the electronics assembly industry expands and diversifies, understanding the best practices within box-build assembly has become paramount for manufacturers aiming to stay ahead in a competitive market.
TSMC Certifies Ansys Multiphysics Platforms, Enabling Next-Gen AI and HPC Chips
04/30/2024 | PRNewswireAnsys announced the certification of its power integrity platforms for TSMC's N2 technology full production release. Both Ansys RedHawk-SC and Ansys Totem are certified for power integrity signoff on the N2 process, delivering significant speed and power advantages for high performance computing, mobile chips, and 3D-IC designs.
Koh Young Showcases Award-winning Inspection Solutions at SMTconnect with SmartRep in Hall 4A.225
04/25/2024 | Koh Young TechnologyKoh Young Technology, the industry leader in True 3D measurement-based inspection solutions, will showcase an array of award-winning inspection and measurement solutions at SMTconnect alongside its sales partner, SmartRep, in booth 4A.225 at NürnbergMesse from June 11-13, 2023. The following offers a glimpse into what Koh Young will present at the tradeshow: