What are the basic elements of the S&OP process? How do marketing, logistics, finance, and manufacturing contribute to each element?
Answer to relevant QuestionsWhat are the critical elements of collaborative planning? What benefits do they provide for the supply chain? Assume an organization’s current service level on order fill is as follows: Current order fill = 70% Number of orders per year = 10,000 Percent of unfilled orders back-ordered = 85% Percent of unfilled orders cancelled = ...Explain the relationship between customer service levels and the costs associated with providing those service levels. Explain the differences between inventory carrying costs and ordering costs. Discuss the primary considerations and issues that must be factored into modal and carrier selection.
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