SCALING UP DEMAND PLANNING PROCESSES
Moy Park's Journey To Manage Growth And Volatility
During a compelling testimony at the Gartner Supply Chain Symposium, Moy Park, a valued member of the Pilgrim's family, recounted their journey of upgrading management processes in response to business growth and the adoption of a more formal S&OP process. In 2013, they selected FuturMaster as their trusted partner to address the demand forecasting aspects of their S&OP process. The implementation encompassed demand planning and advanced promotion management modules, resulting in remarkable improvements in forecast accuracy and bias reduction. However, the past two years presented formidable challenges, including the far-reaching impacts of Brexit, the global COVID-19 pandemic, and escalating inflation. Undeterred by these obstacles, Moy Park exhibited unwavering determination and continued to make significant strides, maintaining their focus on achieving forecast accuracy and bias targets.
This enlightening Talk at the Gartner Supply Chain Symposium showcased Moy Park's resilience and commitment to overcoming challenges in a dynamic business environment.
- Moy Park heritage and growth
- Why FuturMaster?
- Bumps in the road
- Joining Pilgrim's family
- Next steps - why?
- Proof of value exercise
Case Study Abstract
Faced with rapid business growth and the imperative of a unified forecast, Moy Park implemented FuturMaster's demand planning and advanced promotion management modules. This implementation laid the groundwork for seamless collaboration between commercial and finance teams, resulting in notable improvements in forecast accuracy and a reduction in bias.
Despite navigating through challenging times, including the disruptive impacts of Brexit, the global COVID-19 pandemic, and rising inflation, Moy Park demonstrated unwavering commitment to achieving forecast accuracy and minimizing bias.
To gain valuable insights into Moy Park's remarkable journey to achieve their forecast accuracy goals, we invite you to download the accompanying presentation slide deck.