Question: Read chapter 8,9 and 10 from the main reference book: Fundamentals of Demand Planning & Forecasting (by Chaman L. Jain) and answer the following questions.

Read chapter 8,9 and 10 from the main reference book: Fundamentals of Demand Planning & Forecasting (by Chaman L. Jain) and answer the following questions. Please be short, clear and succinct in your response.

  1. What are the key objectives of an S&OP process?
  2. Why is product segmentation necessary in demand planning? Explain.
  3. Explain how CPFR tends to reduce inventory and decrease stock-outs.

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