Change is everywhere; change needs a plan. New market structures and technologies, along with regulations and M&A-activities have changed operating models. For these new operating models to be successful, corporate steering must be aligned with strategy.
Industry 4.0 has significantly changed the processes and organizations of manufacturing companies and increased the integration of supply chains. Growing digitalization provides opportunities for new business models, especially in the after-sales business with maintenance services and full services and the leasing of products.
Steering models as well as planning and reporting must be adapted to Industry 4.0, IoT and digitalization-driven processes and organizations.
BearingPoint aligns corporate steering with strategy and also optimizes corporate planning processes with a valid, fast and efficient planning approach and develops transparent performance reporting. We start with the strategic design, detail requirements in the Business Blueprint and afterwards implement and roll out IT tools.
Based on a valid, fast and efficient planning approach, BearingPoint reduces planning content to the relevant planning processes and provides more integration by using innovative IT solutions, decreasing the cost of processes and IT.
Value driver-based planning links market drivers directly with operational and financial key figures. The time needed for planning can be reduced significantly and different scenarios can be provided quickly.
A middle-up planning approach starts the planning process by setting clear, top-down targets. By setting a top down target, the number of reconciliation and iteration cycles can be reduced significantly.
As uncertainty leads to the shortening of planning horizons and an increase in planning frequencies, a rolling forecast, in which frequent projections over a defined planning horizon of around one to two years is provided.
Planning IT-tools systems support optimized planning processes by providing the necessary data, automatization and user-specific functionalities.
Digitalization provides more opportunities to automate planning processes:
Cloud-based planning software drives IT costs down. Based on intelligent architecture, planning can be kept flexible without losing the advantages of data warehousing. Planning applications can be designed to be maintained by the planning and controlling team directly.
BearingPoint has experience in numerous corporate planning optimization projects. Depending on the specific conditions and goals of our clients, we use a traditional waterfall approach as well as agile methods like SCRUM.