Question: Sales and operations planning is a process that ensures supply will always be available to meet demand, ensuring no stockouts or lost sales. seeks to

 Sales and operations planning is a process that ensures supply will

Sales and operations planning is a process that ensures supply will always be available to meet demand, ensuring no stockouts or lost sales. seeks to synchronize demand forecasts with supply planning and take corrective actions when misalignments occur. minimizes the need for carrying inventory or using subcontractors. motivates sales personnel to sell all the product that the business plans to produce

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!