Podcast
Questions and Answers
What is the primary purpose of S&OP?
What is the primary purpose of S&OP?
- To enhance customer service levels.
- To streamline production processes.
- To increase shipping efficiency.
- To align demand, supply, and financial planning. (correct)
S&OP is a process that is part of which larger planning framework?
S&OP is a process that is part of which larger planning framework?
- Total Quality Management (TQM)
- Just-In-Time (JIT) Inventory
- Master Planning (correct)
- Material Requirements Planning (MRP)
Who is responsible for executing S&OP within a company?
Who is responsible for executing S&OP within a company?
- Executives and relevant teams (correct)
- External consultants
- The IT department
- Middle management only
Which activity is not part of the S&OP process?
Which activity is not part of the S&OP process?
What does S&OP stand for?
What does S&OP stand for?
Flashcards
S&OP
S&OP
Sales and Operations Planning; an integrated process aligning demand, supply, and financial planning within a company's master plan, supporting executive decision-making for material and financial plans.
Integrated Planning
Integrated Planning
Combining different parts of a process (sales, operations, and finance) for a smoother, company-wide approach.
Master Planning
Master Planning
A company's comprehensive plan for managing resources and production.
Executive Decision-Making
Executive Decision-Making
Signup and view all the flashcards
Order Management System
Order Management System
Signup and view all the flashcards
Study Notes
SAKSHAM: IL6 Webinar for Logistics - S&OP & OG&F
- S&OP stands for Sales and Operations Planning
- S&OP is an integrated planning process that aligns demand, supply, and financial planning
- It is managed as part of a company's master plan
- S&OP is designed to support executive decision-making
- It involves approving a feasible and profitable financial plan
S&OP - Supply Chain Planning Process
- Monthly S&OP cycle involves:
- Week 1: Demand Review (gather sales forecasts, drive consensus, hold demand review meeting, propose demand plan)
- Week 2: Supply Review (adjust supply, shape demand, hold review meeting, balance supply & demand plans)
- Week 3: Pre-S&OP meeting (financial review, prepare for exec S&OP, hold pre-S&OP, balanced plan in units and revenue)
- Week 4: Executive S&OP (aggregated plan review, resolve impasses, make key decisions, drive to consensus)
Order Management Group
- The Order Management Group is an intermediary between Marketing and Sales and the Production Planning Team
- It is a vital link in the steel supply chain
- Order Management Group focuses on Order load visibility for mill production
Key Activities under Order Management
- ABP Process: Product Mix Workshop
- OSP Process: Capacity Planning, Capacity Allocation, Release of Commitment, and Sign Off Process
- Demand Management: Forecast entry
- Order Management: Order processes (order logging/confirmation)
Order Management System Process
- Order Management System Processes: Direct orders, Order creation in SAP, Technical & Planning Feasibility Check, Source Plant Determination, Loading Policy Capacity Check
Order types
- ZBTC: Direct dispatch to customer with stock available
- ZBTS: Dispatch to EPA/Stock Yard with stock available
- ZVCD: TOC dispatch direct to customer
- ZBTI: Production only, not for dispatch
- ZVCI: Production only for PWH BUFFER
- ZVCP: Production only, MTS (protective)
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
This quiz covers the key concepts of Sales and Operations Planning (S&OP) within the logistics sector. It delves into the monthly cycle of S&OP, including demand and supply reviews, and highlights the role of the Order Management Group. Test your knowledge on how these processes integrate to support executive decision-making.