ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

SUPPLY CHAIN MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What does S&OP stand for?
A
Supply and Operation Planning
B
Sales and Organizational Process
C
Sales and Operation Planning
D
Supply and Organizational Planning
Explanation: 

Detailed explanation-1: -Sales and operations planning (S&OP) is an integrated planning process that aligns demand, supply, and financial planning and is managed as part of a company’s master planning. S&OP is designed and executed to support executive decision-making related to approving a feasible and profitable material and financial plan.

Detailed explanation-2: -S&OP, or sales and operations planning, is an integrated business management process that drives organizational consensus to balance supply and demand.

Detailed explanation-3: -S&OP, or sales & operations planning, is a supply chain planning process designed to help supply chain executives make decisionson a wide range of topics including: Balancing demand plans with supply plans for mid to long-term planning.

Detailed explanation-4: -S&OP defined The time frame may vary by industry, but it’s usually three to 18 months. S&OP leadership works within the framework of long-term business goals, aligning its objectives accordingly.

There is 1 question to complete.