Performance Task : Integrated Operations Planning $($IOP$)$ Simulation

Scenario: You are the Supply Chain Manager for a company that manufactures bicycles. Demand for your bikes has recently surged, and you need to develop an Integrated Operations Plan $($IOP$)$ to ensure you can meet customer needs while optimizing production and inventory levels.

Task:

Demand Forecast: Analyze historical sales data and any relevant market trends to create a demand forecast for the next quarter.

Material Requirements Planning $($MRP$)$: Based on your demand forecast and bill of materials $($BOM$),$ calculate the materials needed for production.

Production Planning: Develop a production plan that considers lead times, capacity constraints, and safety stock requirements.

Inventory Management: Determine the optimal inventory levels for raw materials, finished goods, and work$-$in$-$progress $($WIP$)$ to minimize costs and stockouts.

Communication & Collaboration: Develop a communication plan to share your IOP with all relevant departments $($e$.$g$.,$ Sales, Production, Purchasing$)$ and ensure everyone is aligned on the plan.