Challenge: A multi-national corporation producing personal care products had several business units struggling to align all functions. Surprises and expediting were part of the management process; long-term visibility was not holistic. Decisions were made in silos without a formal review. A major difference between what was planned and was executed resulted.
Solution: The leadership team decided to integrate long-term planning with the day-to-day operational plans involving all functions of the business by testing the latest projections against commitments and strategy — and identifying gap-closing activities. Oliver Wight helped implement Integrated Business Planning to develop a formal, agile process through all functions.
Results: IBP introduced a formal process to improve management of business, and discipline was established to execute the tool. Communication improved between business units. Top management support became excellent. The IBP dashboard (KPIs) is now used as part of the continuous improvement program, and IBP best practices made a significant impact on the bottom line.
About the Solution Provider: Oliver Wight has a long-standing reputation for innovation, and we continually challenge the industry status quo, so you always get the latest in new thinking. Your Oliver Wight partners will use their real-world experience to ensure your people, business processes, and technology are fully aligned and integrated right across your organization.