sales and operations planning (19) Flashcards

1
Q

Aggregate operations plan

A

a plan for labor and production for the intermediate term with the objective to minimize cost of resources needed to meet demand

The process requires teamwork among marketing and sales, distribution and logistics, operations, finance and product development

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2
Q

Sales and operations planning

A

The process that companies use to keep demand and supply in balance and to coordinate distribution, marketing and financial plans (cross-functional)

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3
Q

Long range planning (1+ years)

A

1) the design of manufacturing and service processes and the design of the logistics activities

2) Process planning - Determining the specific technologies and procedures required to produce a product or service

3) strategic capacity planning - determining the long-term capabilities of the production systems

4) supply network planning - determines how the product will be distributed to the customer on the outbound side. One the inbound side, it involves decisions relating to outsourcing production, selection of parts and component suppliers and related decisions

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4
Q

Intermediate range planning 3-18 montsh

A

1) Forecasting and demand management

Sales and operations planning

Sales plans are inputs for sales force activities

Master scheduling and material requirements planning are designed to generate detailed schedules that indicate when parts are needed for manufacturing activities

Coordinate with these plans are te logistics plans needed to move the parts of finished products through the chain

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5
Q

short-range planning (day to six months)

A

daily workforce scheduling: scheduling production and shipment orders

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6
Q
A
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