Business Planning & Execution
Following the companies Business Strategy, Business Planning is the process for translating the defined strategic goals into financial and operational resource requirements, with the objective of maximizing profit and / or cash flow, while minimizing risk at the same time.
The results of business planning, can be expressed in terms of the achievement of the following types of objectives:
- Revenue & demand
- Cash flow
- Profits & margins
- Service levels
- Inventory levels
A key element of the business planning process is to balance these different objectives in a way that achieves the best overall result. One way of accomplishing this is applying prescriptive analytics. Using prescriptive analytics the parts of the business plan are mathematically optimized. A classic example is inventory investment.
The best business plan however is destined to fail if proper execution of the plan is missing. Strategy execution is a key success factor. The companies mid- and long term strategic plan needs to document organizations strategic goals as well as the action plans to achieve those goals.
Aperloom is supporting your organisation in creating a successful business strategy and works closely with you during execution of the defined action plans.