Episode04PPTSlidesVideo - Episode 4 Short Range Planning...

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Episode 4 Short Range Planning
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Part 1 S&OP - Sales & Operations Planning
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Planning Fundamentals Planning, Scheduling, and Execution A PLAN indicates potential activities that MAY happen A SCHEDULE indicates a COMMITMENT that the events WILL happen at a specific place and point in time, and EXECUTION indicates that the event has happened Goal: balance demand and supply if Supply > Demand if Demand > Supply , then then
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. . .is a set of Decision-Making Processes to Align Volume and Mix Strategic Planning SALES & OPS PLANNING Business Planning Detailed planning, scheduling, & execution
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The Sales Plan A marketing & sales developed plan that breaks down annual demand projection into attainable seasonal or monthly sales forecast Focuses on understanding sales impacting issues Demand variability Customer collaboration Customer segmentation Plan vs. budget vs. actual Corrective actions
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The Operations Plan A plan for manufacturing that if followed will meet the strategic objectives of the firm from a manufacturing viewpoint. Stated in terms widely understood by upper level management: total units of output per month Operations planning creates an aggregate, intermediate- range production plan Done by product group or category Planning period of 3 to18 months
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a. Minimize Costs/Maximize Profits b. Maximize Customer Service c. Minimize Inventory Investment d. Minimize Changes in Production Rates e. Minimize Changes in Workforce Levels f. Maximize Utilization of Plant and Equipment
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Quantifiable
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Episode04PPTSlidesVideo - Episode 4 Short Range Planning...

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