The Art Of Effective Operational Planning
Why Have An Operational Plan? Supply-aspect actions embrace manufacturing planning and scheduling, materials planning, and provider administration. Demand-aspect activities include gross sales planning, demand forecasting, and inventory administration. Done right, all these activities occur in a series of meetings with specific inputs, outputs, metrics, and decision makers. (See Exhibit 1.) Balancing supply and demand, prices, and repair levels is an ongoing challenge, leading to regular revisions and hundreds of small decisions made virtually day by day. Therefore, a 5-year strategic plan would sometimes require 5 operational plans funded by five operating budgets. Distribution is the process of reaching the shopper…
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