Asked by Darcey Borellini on May 25, 2024
Verified
A sales and operations planning process (S&OP) can produce a forecast internally that all functional areas agree upon and can execute.
Operations Planning Process
Involves the strategic and tactical steps taken by a business to forecast demand, match supply with demand efficiently, and manage resources to carry out its operations.
S&OP
Sales and Operations Planning; a process where executive level management regularly meets to review projections for demand, supply, and the financial impact.
- Identify the role of sales and operations planning (S&OP) in aligning organizational functions.
Verified Answer
PK
Poonnapojn KalaraMay 25, 2024
Final Answer :
True
Explanation :
The purpose of an S&OP process is to achieve a consensus on the forecast and align internal resources to meet the anticipated demand. Therefore, all functional areas involved in the process should agree upon and commit to executing the plan.
Learning Objectives
- Identify the role of sales and operations planning (S&OP) in aligning organizational functions.
Related questions
Acme Fastener and Tool Is Having Major Problems with Demand ...
Although Firms May Differ in the Specifics of How Salespeople ...
Which Type of Selling Requires the Most Initiative on the ...
An Okra Farm Anticipates Highly Seasonal Demand for Their Product,tender ...
Use the Okra Colada Scenario to Answer This Question ...