Case Study Scapa - sofco Limited

Scapa Group plc is a diversified Industrial and Healthcare company focused on bringing best-in-class innovation, design and manufacturing solutions to its customers.

Scapa Industrial is a global supplier of bonding solutions and manufacturer of adhesive-based products which offer meaningful value in industrial applications due to their lightweight, easy-to-apply properties. Recognised for their unparalleled range of products, including adhesive tapes, films and foams, Scapa engineer custom designs for even the most unique applications

Scapa Healthcare is the trusted strategic partner of choice for the world's leading companies in Advanced Wound Care, Consumer Wellness and Medical Device Fixation. Partnering with the top global MedTech companies to develop and manufacture innovative skin friendly medical device fixation and topical solutions, from inception through to market delivery, from their state-of-the-art facilities.

Company	Global supplier of bonding solutions & manufacturer of adhesive-based products for the Industrial and Healthcare markets Production sites in Asia, Europe and the US 2019 Revenue grew 7.0% to £311.8m (2018: £291.5m)
Objectives	Provide a volume and Financial Forecast in respect of Costs, Inter Company Mark Ups and Sales Revenue for all global regions in multiple units of measure and multiple currencies Use of Top Down & Bottom Up functionality for Forecast adjustment Forecast to include Finished Goods, Semi Finished and Raw Materials Forecast to have multiple scenario versions using different Budget Versions, Exchange Rates and Costs Collaboration between Regional Sales, Product Management and Finance
Solution	sofco Sales and Operations Planning
Results	Improved Forecast Accuracy Improved visibility of all Forecast elements Forecasts are calculated at the lowest level avoiding the use for average values, leading to greater accuracy in the Financial Forecast