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The process of forecasting customer demand to drive supply chain operations. It's essential for ensuring that the right product quantities are produced to meet customer needs without overproducing.

Key performance indicators (KPIs) that are used to assess the effectiveness of the S&OP process, including measures like forecast accuracy, service levels, and inventory turnover.

Maintaining the optimal levels of inventory to ensure product availability while minimizing costs. It involves strategies for replenishment, safety stock, and reducing excess stock.

Senior management reviews the S&OP plans to ensure they align with strategic goals. This step provides final approval and resources allocation.

The process of scheduling the production of finished goods to meet the sales plan. It is key for allocating resources effectively and establishing a timeline for production.

A regular meeting where key stakeholders review and adjust plans based on recent data to manage the balance between supply and demand.

A system for calculating the materials needed to fulfill the master schedule. MRP ensures the availability of materials and components necessary to meet production schedules.

The process of determining the production capacity needed to meet the demands of the business. It ensures that the operation can handle the forecasted loads.

Involves determining how to satisfy customer demands with available resources. It helps in balancing inventory levels with production capacities and supplier capabilities.