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In the simplest form, what is Sales and Operations Planning (S&OP)? Select one: a. Typically monthly...

In the simplest form, what is Sales and Operations Planning (S&OP)? Select one: a. Typically monthly review of all functional areas of the company process by top management b. Bi-annual gathering of the Sales staff c. Weekly gathering in order to interpret the demand forecast results d. A shop floor level gathering of employees to find areas of improvement

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a. Typically monthly review of all functional areas of the company process by top management.

SALES AND OPERATIONS PLANNING(S&OP) is a process that provides the management the ability to strategically directs its business to achieve competitive advantage on a continuous basis.

S&OP process includes an update forecast that leads to a sales plan, production plan, inventory plan, etc.Short product life cycles and demand volatility require a tighter S&OP than steadily consumed products.

S&OP is a result of monthly planning activities which is done by leadership team by continual synchronization among of all the functions of the organisation.

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