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Sales and operations planning

Index Sales and operations planning

Sales and operations planning (S&OP) is an integrated business management process through which the executive/leadership team continually achieves focus, alignment and synchronization among all functions of the organization. [1]

26 relations: APICS, Business plan, Chief executive officer, Decision-making, Demand, Demand chain, Demand chain management, Engineering, Finance, Financial plan, Forecasting, Institute for Supply Management, Inventory, Labour economics, Machine, Manufacturing, Marketing, Planning horizon, Production planning, Productivity, Raw material, Sales, Supply (economics), Supply and demand, Supply chain management, Workforce.

APICS

APICS is the association for supply chain management and a provider of research, education and certification programs.

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Business plan

A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them.

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Chief executive officer

Chief executive officer (CEO) is the position of the most senior corporate officer, executive, administrator, or other leader in charge of managing an organization especially an independent legal entity such as a company or nonprofit institution.

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Decision-making

In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities.

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Demand

In economics, demand is the quantities of a commodity or a service that people are willing and able to buy at various prices, over a given period of time.

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Demand chain

it refers to increase in demand or decrease in demand or decrease in demand.

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Demand chain management

Demand chain management (DCM) is the management of relationships between suppliers and customers to deliver the best value to the customer at the least cost to the demand chain as a whole.

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Engineering

Engineering is the creative application of science, mathematical methods, and empirical evidence to the innovation, design, construction, operation and maintenance of structures, machines, materials, devices, systems, processes, and organizations.

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Finance

Finance is a field that is concerned with the allocation (investment) of assets and liabilities (known as elements of the balance statement) over space and time, often under conditions of risk or uncertainty.

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Financial plan

In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans.

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Forecasting

Forecasting is the process of making predictions of the future based on past and present data and most commonly by analysis of trends.

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Institute for Supply Management

Institute for Supply Management (ISM) is the oldest, and the largest, supply management association in the world.

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Inventory

Inventory (American English) or stock (British English) is the goods and materials that a business holds for the ultimate goal of resale (or repair).

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Labour economics

Labour economics seeks to understand the functioning and dynamics of the markets for wage labour.

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Machine

A machine uses power to apply forces and control movement to perform an intended action.

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Manufacturing

Manufacturing is the production of merchandise for use or sale using labour and machines, tools, chemical and biological processing, or formulation.

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Marketing

Marketing is the study and management of exchange relationships.

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Planning horizon

The planning horizon is the amount of time an organization will look into the future when preparing a strategic plan.

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Production planning

Production planning is the planning of production and manufacturing modules in a company or industry.

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Productivity

Productivity describes various measures of the efficiency of production.

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Raw material

A raw material, also known as a feedstock or most correctly unprocessed material, is a basic material that is used to produce goods, finished products, energy, or intermediate materials which are feedstock for future finished products.

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Sales

Sales is activity related to selling or the amount of goods or services sold in a given time period.

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Supply (economics)

In economics, supply is the amount of something that firms, consumers, labourers, providers of financial assets, or other economic agents are willing to provide to the marketplace.

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Supply and demand

In microeconomics, supply and demand is an economic model of price determination in a market.

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Supply chain management

In commerce, supply chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.

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Workforce

The workforce or labour force (labor force in American English; see spelling differences) is the labour pool in employment.

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Redirects here:

S&OP, Sales Inventory Operations Planning, Sales and Operations Plan, Sales and Operations Planning, Sales and operations plan.

References

[1] https://en.wikipedia.org/wiki/Sales_and_operations_planning

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