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Red Paper | Sales & Operations Planning
Sales & Operations Planning (S&OP) – a major driver in maximizing business profitability?An investigation of S&OP maturity levels in the process industries
In this studyIntroduction – Challenges, Value Drivers and Definition ......................3
I. Part 1: Motivation – Importance of integrated S&OP and Survey Participation .....................................4
II. Part 2: Maturity – Elements of S&OP- Process Maturity and Survey Results .......................................7
III. Part 3: Benefits – Success Factors, Trends and Future Challenges ............................................................9
IV. Conclusions and Recommendations ...................12
Disclaimer and Contact ......................................................14
FiguresFigure 1: S&OP Integrates Demand and
Supply Management .........................................4
Figure 2: Participants by industry sectors and countries.........................................................4
Figure 3: Annual turnover and profit of participating companies ..................................5
Figure 4: Planning scope and characteristics .............5
Figure 5: Number of years working with S&OP .........6
Figure 6: (Sub-) Dimensions of S&OP Maturity Model ....................................................7
Figure 7: Overview S&OP Maturity Model ...................7
Figure 8: Industry Average Maturity ..............................8
Figure 9: Main Findings of the Survey ...........................8
Figure 10: Success Factors to Improve S&OP ...............9
Figure 11: Value Drivers of S&OP .......................................9
Figure 12: S&OP Value Drivers Ranking........................10
Figure 13: Challenges in Future Planning Complexity ..........................................................11
Figure 14: Trends and challenges impacting S&OP ......................................................................11
Figure 15: Three Phases to S&OP Improvement ......13
Introduction – Challenges, Value Drivers and Definition Globalized markets with continuingly high dynamics characterize the current environment of process industry companies international business activities. Price and innovation pressures require increasingly flexible and customer oriented value chains which embed in an environment of shorter economic cycles.
Resulting market volatilities require an ever increasing capability of underlying business models and processes to quickly change and adapt. Consequently the challenges for a consistently efficient and effective Supply Chain Management are multi-faceted and complex. In this context the delivery capability and quality of an organization are significantly influenced by the ability to create an integrated operating plan, i.e. to effectively align demand and supply. The quality of this operating plan results from a mature and integrated Sales & Operations Planning (S&OP) process and enables a supply chain organization to meet the increasing requirements value chains are facing, thus directly creating a competitive advantage.
With regard to supply chain planning and execution, six trends in business transformation are currently visible with a direct reciprocal influence on the S&OP process, which allows companies to act in the sense of “more, faster and better”: customer orientation, process orientation, end-to-end chain management, pull orientation, supply chain collaboration and information and inventory management. These trends are at the core of the presented survey results on Sales and Operations Planning, aiming at identifying
1. the process maturity level of S&OP within process industries (Part 2),
2. areas with optimization potential for S&OP (Part 2),
3. future challenges in Supply Chain planning and S&OP (Part 3).
The study highlights the outstanding role of a company-wide integrated Sales & Operations Planning process as a driver for sustainability, customer orientation and profit maximization. Therefore S&OP is an increasingly important element of strategic and operational corporate management. It is of particular interest to senior management functions and not limited to the company’s internal processes alone. In addition it is a central element of the cross corporate collaboration and alignment process within an end-to-end supply chain perspective. S&OP thus becomes the enabler for adaptive planning of demands, sales and resources and provides the foundation for successfully coping with the dynamic and continually changing future market environments.
Fast fact
Market volatilities require an ever increasing capability to quickly change and adapt
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I. Part 1: Motivation – Importance of integrated S&OP and Survey Participation
The challenges and trends impacting Supply Chain Management, as described, highlight the importance of integrated operational planning, as depicted in Figure 1, in achieving lasting excellence in company performance. The focus of the investigation lies on the maturity assessment of high level Supply Chain planning (i.e. S&OP), meaning the integration of Demand and Supply Management to ensure that the organization marches in the right direction and works to one aligned operating plan. A detailed and in depth analysis of demand and supply management processes is not part of the investigation.
S&OP directly addresses many of the most pressing requirements and complexities Supply Chains are dealing with today. The introduction or improvement of this central process can, therefore, be considered as a suitable means for becoming fit in dealing with the six trends in business transformation described before.
FIGuRe 1: S&OP InTeGRATeS DeMAnD AnD SuPPly MAnAGeMenT
The focus of this online survey, conducted between July and December 2012, is specifically on companies across different process industries as highlighted in Figure 2.
FIGuRe 2: PARTICIPAnTS by InDuSTRy SeCTORS AnD COunTRIeS
Fast fact
S&OP directly addresses many of the most pressing requirements and complexities Supply Chains are dealing with today
Process
Organization
IT-Systems
Business Strategy and Plan
Sales/MarketingDemand Planner
ProductionSupply Planner
Sales &Operations
Planning
KPIReporting
Balancelong-term demand
with supply
DemandManagement
Planning/Forecasting
Demand
PrioritizeDemand
InfluenceDemand
SupplyManagement
ProductionPlanning
Rough-CutCapacityPlanning
PreliminaryMaster
ProductionScheduling
CommunicateDemand
– Collaboratefor Consensus
CommunicateSupply
– Collaboratefor Consensus
37 % Pharma-ceuticals
28 % Chemicals
17 % Food & Drinks
5 % Rubber &Plastics
5 % Metals
4 % FMCG
2 % Paper
2 % Misc.
Industry Sectors Headquarters County
63 % Germany
11 % Switzerland
7 % France
5 % Belgium
2 % Austria
2 % Finland
4 % United Kingdom
2 % USA
2 % Sweden 2 %
Liechtenstein
2 % The Netherlands
(n=57) (n=57)
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This industry focus enables the consideration of the unique characteristics of business models and resulting requirements on operational planning in this sector, ensuring the better comparability of survey feedback. Increasing focus on quality and premium price segment, high asset intensity requiring high utilization of machines, co-production in integrated production structures, high attention to regulatory and environmental aspects, mainly b2b-sales – all examples of elements of process industry business characteristics – have a close interrelation with how planning processes and parameters need to be defined. Participating companies come from various segments and have their headquarters located in many different companies across europe as shown in Figure 2. A strong focus was on chemical and pharmaceutical clients with their headquarters in Germany. The functions addressed came mainly from the Supply Chain and Operations Management areas.
Throughout the survey, representatives from all sizes of companies participated as shown in Figure 3. Planning complexity was characterized by more than half of the respondents by demand patterns with high variability or seasonality. Roughly half of the respondents consider supply uncertainty as an issue. Differentiation by quality was named the main factor in market positioning followed by innovation. The dominant order fulfillment strategy with 70 per cent response rate was make-to-order.
FIGuRe 3: AnnuAl TuRnOveR AnD PROFIT OF PARTICIPATInG COMPAnIeS
looking at the planning scope and characteristics as described in Figure 4 the survey showed that almost 40 per cent of the participants manage more than 700 SKus in their S&OP plans. They produce those predominantly make-to stock (70 per cent) in more than six production sites globally. Typical demand patterns show for almost three quarters some variability or seasonality.
FIGuRe 4: PlAnnInG SCOPe AnD ChARACTeRISTICS
Companies of all sizes participated in the surveyAnnual turnover Annual profit
< 10 M Euro
< 100 M Euro> 1,000 M Euro> 5,000 M Euro
11-50 M Euro51-100 M Euro
101-1,000 M Euro
101-500 M Euro
25 %9 %
32 %
11 %
20 %
28 %
39 %
21 %
13 %
501-1,000 M Euro
(n=56) (n=54)
1,000-5,000 M Euro
2 %
Highly variable and high seasonality
Highly variable but no seasonality
Not very variable but high seasonality
Rather constant 31-100
101-300
301-700
> 700
33 %
18 %23 %
26 %14 %
19 %
30 %
37 %
(n=57) (n=57)
Average product demand patterns Number of SKUs included in plan development
5
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Considering the surrounding influencing factors, the importance of the topic and the fact that current market conditions have persisted for quite some time, we found it surprising to see that almost three quarters (72 per cent) of the responding companies have only started working with S&OP within the last five years, as shown in Figure 5. This is despite the fact that the concept has been trending for almost 20 years already.
FIGuRe 5: nuMbeR OF yeARS WORKInG WITh S&OP
The concept of integrated S&OP is easy to understand, but typically involves major changes of mindset across different functions and in the leadership of the organization and is, therefore, rather difficult to implement successfully. This fact together with the short introduction timeframe suggests that many companies still have benefits to leverage in this field with respect to further organizational development towards improved collaboration and cross-functional alignment.
Almost three quarters (72 per cent) of the responding companies have only started working with S&OP within the last five years
< 1 years> 10 years
6-10 years
3-5 years
1-2 years
16 %
12 %
44 %
19 %
9 %
(n=57)
Fast fact
The concept of integrated S&OP is easy to understand, but rather difficult to implement successfully
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II. Part 2: Maturity – Elements of S&OP- Process Maturity and Survey Results
1. Elements of S&OP Process MaturityS&OP process quality is defined as how efficiently the process is organized to deliver effective results by aligning people across the organization to provide a decision basis founded on accurate planning data. To evaluate this, bearingPoint makes use of a comprehensive maturity model, which is documented, together with reference processes, assessment tools and methods, in its business Transformation Framework database. The model comprises four main dimensions and 11 sub dimensions as shown in Figure 6.
FIGuRe 6: (Sub-) DIMenSIOnS OF S&OP MATuRITy MODel
Characteristics of each dimension are described with respect to their maturity towards a leading practice process. In total six maturity levels from “undeveloped” to “proactive” are used to evaluate the individual and industry average performance as well as to highlight specific areas for improvement – see Figure 7.
FIGuRe 7: OveRvIeW S&OP MATuRITy MODel
evaluation of process maturity in four dimensions creates transparency on strengths and weaknesses
Process E�ciency
• Information Preparation & Sharing
• Meeting Efficiency
• KPIs/Measure-ment
People & Organization
• Roles, Responsi-bilities & Organi-zational Structure
• Knowledge, Commitment & Executive Sponsorship
Information Technology
• Systems & Functionalities
• Degree of Integration
• Master Data
Dimensions
Sub-Dimensions
Process E�ectiveness
S&OP Maturity Model
• Degree of Formalization
• Scope• Collaboration &
Alignment
1 2 3 4
Six maturity levels describe relevant process chracteristics
Process formalized throughout supply chain, all relevant information internally and externally shared, full supply chain visibility and alignment, organization aligned across whole supply chain, all companies in chain have executive participation, IT systems fully integrated
Level 5Proactive
Completely formalized process enables excellent cross-functional alignment, event driven focus, risks, promotions, product lifecycles considered, close interaction with finance, rare re-planning, planning organization perfectly trained and aligned, scenario modeling deployed
Level 4Integrated
Very formalized planning process covering all SKUs and regular demand-supply alignment, dedicated S&OP process owner and extensive executive sponsorship and participation, multi APS system in place with interfaces, financial focus
Level 3Consistent
Moderately formalized planning process considering most product families with regular alignment, roles in planning organization described but moderate executive sponsorship, partially centralized information storage in planning systems
Level 2Reactive
Slightly formalized planning process, little irregular attempt to align demand and supply, frequent re-planning and friction losses in information flow, deficiencies in planning organization, isolated demand and supply planning tables / systems with limited functionalities
Level 1Rudimentary
No formalized planning process, no e�orts made to align supply and demand side plans, no plan alignment, no roles and responsibilities defined, no planning systems in place
Level 0Undeveloped
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2. Survey ResultsThe survey questions and findings were structured around the four dimensions of the maturity model as shown in Figure 6. One main target of the study was to identify an average industry process maturity. This was found to be in the “consistent” category as shown in Figure 8.
The consistent category, as a range somewhat above average on the maturity ladder, indicates that many of the responding companies have established a well organized S&OP process already. Many companies have recognized the benefits of accurately defining planning policies and parameters. Planning meetings also seem to be efficiently prepared and announced on an annual planning calendar. Overall process formalization, as well as the scope of SKus included in planning, is considered to be adequate and the roles and responsibilities of persons involved in the process appear to be properly described in many cases.
FIGuRe 8: InDuSTRy AveRAGe MATuRITy
however, the study also revealed some areas with room for improvement in many of the companies. These weak spots in the S&OP process are again clustered per dimension: the biggest weaknesses were identified as in the supporting IT-systems and a lack of S&OP integration to risk management, to the Finance function as well as to Supply Chain partners. In addition, top-management sponsorship and endorsement of the process was considered to be comparatively low. This fact is accompanied and potentially amplified by some evidence of a lack of exception focus and pre-S&OP alignment on the operational level. Despite the fact that more than half of the respondents stated that they are somewhat content with the organization and execution of the S&OP meetings, there appears to be too broad a focus in many meetings, leading to less acceptance at an executive level.
A summary of the main findings for each dimension is shown in Figure 9.
FIGuRe 9: MAIn FInDInGS OF The SuRvey
0,0 0,5 1,0 1,5 2,0 2,5 3,0 3,5 4,0 4,5 5,0
Avg. all dimensions
Information Technology
People & Organization
Process E�ciency
Process E�ectiveness
undeveloped rudimentary reactive consistent integrated proactive
3,16
3,03
3,26
2,91
3,09
Dimensions
Maturity Level (n=57)
Fast fact
The study revealed some areas with room for improvement, e.g. top-management sponsorship and endorsement of the process was considered to be comparatively low
3People & Organization
• Description and adherence to roles and responsibilities seems to be adequate in many companies – the leadership involvement appears rather low
• In general, the understanding of S&OP is considered to be good – however top management sponsorship is only fully present in a small number of companies
Process E�ectiveness
• Stronger link between supply chain risk management and S&OP as well as more forward orientation and scenario evaluation is required
• Alignment in S&OP processes remains mostly within the company operations – the link to finance and business partners is not emphasized enough
1
• Information preparation and sharing is considered to be efficient with some room for improvement – especially relating to external Supply Chain partners
• Creating a company-wide closed-loop control mechanism to improve decision making based on monitoring a few relevant KPIs is still a challenge for many companies
Process Eciency
2
• Compared to other dimensions, IT system support seems to leave the biggest room for improvement, especially in terms of usability, integration and scenario modeling
• Master data definition is consistent in many companies, however data accuracy is, in many cases, not considered to be sufficient
Information Technology
4
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III. Part 3: Benefits – Success Factors, Trends and Future Challenges
evaluation of the survey results and findings showed that four main areas for S&OP process improvements could be identified – see Figure 10. Central process governance is required to ensure that the process is sustainably implemented and continuously executed in the way intended. The improvements in collaboration with other functions are essential as today’s integrated production networks require, more than ever, a close interaction within the company and across its borders. Transparency, of course, is necessary to have control over the business and the process itself. The data required to develop and evaluate individual plans comes from different areas of the business and potentially different systems. Therefore, this gathering of data needs to be empowered by an integrated IT-system landscape.
FIGuRe 10: SuCCeSS FACTORS TO IMPROve S&OP
Improving S&OP as a core business process has a significant impact on value drivers as shown in the value driver tree in Figure 11. Therefore, even companies that have been working with S&OP for a number of years already should revisit the topic and make sure that their structures and defined rules are in place as originally intended. A correlation analysis between company profitability and S&OP maturity showed significant results.
FIGuRe 11: vAlue DRIveRS OF S&OP
Main process improvement areas are strategic governance, network collaboration, measure-ment & transparency and IT-sytem support
Strategic Process Governance• Improve alignment to business
strategy – set a clear direction• Increase top management
involvement• Focus more on exceptions throughout
process• Communicate and update planning
parameters/rules more timely
Network Collaboration • Avoid and fight silo mentality –
ensure better seamless communi-cation and alignment across the organization
• Involve other functions more, e.g. finance
• Exchange information more frequently with external Supply Chain partners
• Link closer with R&D departments to consider „new product introductions“
Measurement and Transparency• Link individual performance to the
quality of the plan more closely• Sustainably ensure performance and
comparability by introducing an aligned set of metrics
• Make trade-offs clear and transparent • Allow an early detection of market
changes
IT-System Support• Increase system integration to
create a solid data basis• Increase level of automation
(e.g. APS)• Evaluate scenario modeling benefits• Increase speed and usability to drive
acceptance• Further harmonize master data
ImprovedS&OP
process
Fast fact
Improving S&OP as a core business process has a significant impact on value drivers
Variable Cost
Fixed Cost
Revenue
Earnings after Cost of Capital
Cost of Capital
EBIT
Contribution Margin
Value Driver Tree Impact
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Improved planning enables you to…
•… reduce cost of capital by replacing inventory by information
•… reduce fixed and variable costs by working smarter not harder
•… increase revenue and customer satisfaction while reducing costs at the same time
•… increase collaboration across the supply chain
•… manage a cross-functional process
•… ensure that operation marches in one direction
The surveyed companies are largely aware of the positive impact on the drivers and the value creation of a performing S&OP process as the rate of agreement to many of the given examples was high, as shown in Figure 12. The increase in forecast accuracy is the most evident benefit, followed by a reduction in inventory levels and an increase in customer satisfaction and capacity utilization.
FIGuRe 12: S&OP vAlue DRIveRS RAnKInG
In addition to improvements in financial figures and customer satisfaction, S&OP helps to address many of the upcoming challenges companies are facing. A selection of challenges and the rate of agreement to their importance is shown in Figure 13. Globalization is considered to be the biggest influential factor on planning complexity in the future, followed by changes in corporate structures caused by outsourcing or mergers and acquisitions.
Fast fact
Companies are aware of the value creation of a performing S&OP process
Strongly Disagree
Strongly Agree
0 1 2 3 4 5
… drive revenue growth through clearer focuson high margin products
… enable an increase in salesand generate topline revenues
… better balance production and sourcing costsagainst transportation and safety stock costs
… signi�cantly reduce the numberof expedited shipments and rush orders
… signi�cantly increase return on assets (ROA)
… improve product availability for marketingand promotional campaigns
… signi�cantly increase capacity utilization
… signi�cantly reducethe number of obsolete products
… signi�cantly improvecustomer satisfaction levels
… reduce inventory levels while maintaining orimproving customer service levels
… increase supply chain visibility and hencereduce the risk of supply chain disruption
… signi�cantly increase forecast accuracy 4,7
4,6
4,6
4,3
4,1
4,1
4,1
4,0
4,0
3,8
3,5
3,4 (n=57)
Fast fact
S&OP helps to address many of the upcoming challenges companies are facing
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FIGuRe 13: ChAllenGeS In FuTuRe PlAnnInG COMPlexITy
The high rate of agreement to the impact of challenges from persisting trends, as shown, suggests the continuing, prevailing or even growing importance of good S&OP processes in the future. This perception is confirmed by the number of additional trends and challenges the surveyed companies named in the fields of general/environmental, market and customer driven impacts as highlighted in Figure 14, e.g. financial crisis, political regulations, sustainability to name just a few.
FIGuRe 14: TRenDS AnD ChAllenGeS IMPACTInG S&OP
0 1 2 3 4 5
Increasing political risk
Shortened and more complexproduct life cycles
Product and serviceportfolio expansions
Scarcity of raw materials
Increasing volatility on buyerand supplier markets
Mergers and Acquisitions
Outsourcing
Globalization
Noimpact
Very highimpact
4,2
4,1
4,0
3,8
3,7
3,6
3,6
2,7 (n=57)
Fast fact
Prevailing or even growing importance of good S&OP processes in the future
General –Environmental
General challenges focus mainly on regulatory and macro
trend aspects
• China trend• Financial crisis• Legal compliance
requirements• Political regulations• Volatility of currency
exchange rates• Sustainability• Cost reduction pressures• Shortage of loading
space in inter-continental transportation
Market –Customer driven
Increasing market volatility is considered to be THE trend
to deal with
• Increasing demand• Reducing sales volumes• Trend towards smaller
order sizes• Enlarged product portfolio• Tender business• Integration of further
tasks through retailers• Increasing promotional
activities• Discount contracts• Parallel trade• Volatile sales channels
Companyinternal
Company internal and organizational challenges
are in focus as well
• Different business units use same resources
• Internal initiatives (e.g. changes in IT landscape + reorganization)
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IV. Conclusions and Recommendations Summarizing the main findings of the study, the following conclusions can be drawn:
1. Although a well-known concept for many years, comprehensive deployment of S&OP has only happened in recent years within the process industries
Increasing market dynamics and volatility put more emphasis on achieving planning excellence and raise attention for the topic. IT-advancement provides the necessary data transparency to integrate planning activities. To sustainably introduce an effective S&OP-process, changes in mindset are still required to enable further improvement
2. Many companies in the industry sector under review show improvement potential in the average maturity of their S&OP processes
Central success factors to address for S&OP improvement include better process governance structures, improved collaboration with other functions (e.g. finance), better measurement and transparency and IT-system support Senior management involvement and awareness of the importance of the process to control and steer the business should be strengthened
3. A significant correlation between planning maturity and profitability of companies confirms the value creation hypothesis
efficient S&OP processes enable customer oriented market supply with simultaneous optimization of inventory levels (mgt. of volatility), alignment of the organization to joint and measurable targets, intelligent control of the product portfolio (profitability and strategic importance) and ensure the operational capability to deliver the plan
4. Ongoing economic macro trends suggest a continuingly high importance of S&OP in the future
Considering the current trends and challenges in global markets, it can be seen that the trends of past years are likely to persist in the near to mid-term future and thus the need for companies to increase flexibility will also remain
bearingPoint, therefore, recommends companies to review the maturity of their S&OP processes in a three phase approach as shown in Figure 15. The goal of the value oriented approach is to evaluate and improve current S&OP processes to be fit for upcoming challenges. The first phase “see” is about creating awareness to ensure top management sponsorship and a detailed assessment of the current performance of the process. The detailed design of the improvement initiative and of the future setup is done in the second phase “understand”. Finally the business transformation is driven by implementing the defined measures and ensuring the defined target achievement by closely monitoring the changes in relevant performance metrics.
Fast fact
BearingPoint recommends companies to review the maturity of their S&OP processes
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FIGuRe 15: ThRee PhASeS TO S&OP IMPROveMenT
bearingPoint is uniquely positioned to support companies in optimizing their S&OP processes. Reasons for this are among others
•bearingPoint combines expertise in tools AnD organizational transformation, which is essential for optimizing seamless information flows in integrated planning (S&OP)
•bearingPoint places significant focus on Supply Chain excellence represented by its extensive track record of successful project delivery
•An experienced team of professionals in planning and extensive market know-how about business models in the process industries delivers modern solutions
•bearingPoint follows a collaborative approach to mutually achieve project targets and emphasizes change management and value creation topics
•Field proven tools support quick project success, e.g. leading practice reference processes, maturity model, templates , questionnaires
Act
See
Und
erst
and
Create Top Management Awareness and Identify Strategic Vision
Assess Status-Quo Maturity and Quantify Benefits
Detailed To-Be Design Plan and Design Improvement Initiative Setup Performance Tracking
Apply Measures – Change Organization, Processes, Tools, etc.
Monitor Performance
Accompany Transformation Journeywith adequate Change Management
Fast fact
BearingPoint is uniquely positioned to support companies in optimizing their S&OP processes
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Disclaimer and Contact bearingPoint S&OP Survey 2013 was created by bearingPoint Gmbh. The objective of this study was to evaluate the status quo of S&OP maturity in process industries, to identify both opportunities for improvement as well as future challenges for companies across europe.
The objective of the survey is to provide information around the topic and derive trends. The document is based on information gathered from primary sources (survey and interviews with participating companies) as well as selected secondary sources, which were deemed to be reliable. however, bearingPoint refuses to accept any responsibility or guarantees, neither for the completeness nor for the correctness of the data and information collected in the described manner. Without having conducted an independent validity check, bearingPoint considers all information, which was provided or is publicly accessible, to be correct, exact and comprehensive.
The S&OP survey 2013 is solely intended for information purposes. bearingPoint is aware that the study will be presented to decision makers. bearingPoint declines to assume any liability for any decisions or resolutions made based upon the information provided in the enclosed survey. This decline in liability refers to any claims possibly coming into consideration with regard to this study.
Any usage of the document for purposes other than the information provision described requires the prior written consent of bearingPoint Gmbh.
ContactMatthias GörtzenPartnerT +49 (69) 13022 [email protected]
© 2013 bearingPoint Gmbh, Frankfurt/Main. All rights reserved. Printed in the eu. The content of this document is subject to copy right (“urheberrecht”). Changes, cuts, enlargements and amendments, any publication, translation or commercial use for the purpose of trainings by third parties requires the prior written consent of bearingPoint Gmbh, Frankfurt/Main. Any copying for personal use is allowed and only under the condition that that this copy right annotation (“urheberrechtsvermerk”) will be mentioned on the copied documents as well. WP_0777_en
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helping our clients get sustainable, measurable resultsbearingPoint is an independent management and technology consultancy. Owned and operated by its Partners throughout europe, bearingPoint provides its clients with the best possible value in terms of tangible, measurable results by leveraging business and technology expertise. The company currently employs 3,500 people in 15 countries and serves commercial, financial and public services clients. bearingPoint offers its clients a seamless cross-border approach, strong focus on results, an entrepreneurial culture, profound industry and functional knowledge, as well as solutions customised to clients’ specific needs. The firm ranks high in client satisfaction, has long-standing relationships with reputable organisations and is seen as a trusted adviser. bearingPoint has european roots, but operates with a global reach.
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