Question
Respond to the below, be sure to constructively critique the process they established. Do you agree or disagree with their approach? Why or why not?
Respond to the below, be sure to constructively critique the process they established. Do you agree or disagree with their approach? Why or why not?
There are several steps when implementing sales and operations plan. When establishing this process, it is very important to consider who will be responsible for each step of the process. The first step is to gather and manage data, this step is the process of the collection of data on past sales, trend analysis, and assessments of forecast accuracy. Develop demand plan, this process includes validating forecasts, understanding sources of demand, accounting for variability, and revising customer service policies. Supply planning, this step in the process involves translating the demand plan into an appropriate supply plan. Among these tasks are determining inventory targets, safety stock levels, and production methods for level loading and demand chase. Then conduct a pre-S&OP meeting, this entails sorting through supply-side issues to determine if the sales plan can be accommodated and inventory and backlog objectives can be met. Executive S&OP meeting, Once the demand and supply plans are reconciled and finalized, the result is presented to the executive team during the monthly Executive S&OP meeting. (Plex Systems, 2022) Frequently analyzing data, meetings to ensure organizational members that are involved in this process are on the same page while making sure overall goals are met or some was to create sustainability.
Plex Systems, (2022) https://www.demandcaster.com/implementing-sales-and-operations-planning-sop/
Jonathan
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