Case Study: Norbord achieves a nine-day faster close and one-hour global forecast actualization with insightsoftware's Longview Plan

Granular Profitability Analysis at Detailed SKU Level Using Complex Allocation Models and Rules

Norbord, a global manufacturer, struggled with painful Excel-based consolidation, budgeting and reporting and a labor-intensive, cumbersome data collection and report development process. To address these issues the company partnered with insightsoftware and deployed Longview Plan to replace manual workflows and support detailed SKU-level profitability analysis.

insightsoftware implemented Longview Plan for driver-based planning, mill-level what-if scenario planning, multiple global version controls, SKU-level profitability and automated consolidation tasks (journals, intercompany eliminations and EBITDA). The solution cut the close by nine days, eliminated 15 working days for forecast actualization (now completed in one hour by one person globally), increased management confidence and auditability, and streamlined report development, testing and distribution.

Norbord