Business Sales and Operation Planning & Demand Planning and Forecasting Paper

User Generated

unffna1250

Business Finance

Description

Video One: https://www.youtube.com/watch?v=8VGmSC_dKtI&list=PLwAuq3wriWG0ZdfEuWYPsQNi1pnlTPLnh&index=14&t=228s

Video Two: https://www.youtube.com/watch?v=eT6Tc_IQg1U&list=PLwAuq3wriWG0ZdfEuWYPsQNi1pnlTPLnh&index=11

Questions need to be answer.

Video 1:

  1. What stands out to you from the video?
  2. Karin Bursa, the Executive VP, makes so many strong points about the topic. What are some of the key points that are made by the Executive VP of Logility?
    1. What does Karin say is different in today’s environment?
  3. What did David Goddard mention is what executive never learned? What did he say is a gap? What do you think about his statements?
  4. What other speaker mentioned what stood out to you? What was mentioned and why did their points stand out to you?
  5. What are your takeaways from watching the video?
  6. How can you relate it to what is currently happening in today’s market?


Video 2:

  1. Describe S & OP? What is it and how is it described in the video?
  2. In the class discussion, refer to the review sheet provided. How is S&OP different from CPFR?
  3. What are your takeaways from the video?

Explanation & Answer:
2 Video Discussions
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Explanation & Answer

Find attached.

Running Head: SALES AND OPERATION PLANNING
1

Sales and Operation Planning
Institution Affiliation
Student Name
Date

SALES AND OPERATION PLANNING
2

1. Describe S & OP? What is it and how is it described in the video?

Sales and operation planning (S & OP) refers to the running of business processes in a unified
manner through the executive team. The goal is to achieve focus and harmony among all
functions of the business (Thomas, 2020). The process begins with the submission of a demand
forecast from the demand side in an attempt to meet customer demand and a capacity forecast
from the supply side to produce enough inventories to satisfy consumer demand. Proper
coordination of these aspects is guaranteed to have positive yields.

2. In the class discussion, refer to the review sheet provided. How is S&OP different
from CPFR?

Collaborative Planning, Forecasting, and Replenishment (CPFR) refer to a business procedure
that incorporates the intelligence of several business associates in the planning and attainment of
customer demand. CPFR bridges sales and marketing best procedures, such as category
management, to supply chain management and implementation processes to increase availability
while bringing down invent...


Anonymous
Really useful study material!

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