BUAD446 Final: 446 Exam 3 Study Guide
1 Dec 2016
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Document Summary
Sales and operations, lean systems, vehicle routing, supply chain mgmt. S&op monthly 6-step process: gather data, demand planning, update s&op spreadsheets, consensus meeting, executive s&op meeting, finalize & communicate. Process of planning future aggregate resource levels so supply and demand are in balance. Time phased projected for several time periods into the future. Sales & ops sales plan and operations plan: outputs into resource planning. Services workforce schedule, materials and facility resources. Manufacturing master production schedule (mps), material requirements planning (mrp: then outputs into scheduling. Manufacturing employee/equipment, production, purchase order schedules. Decision making objectives (s&op tradeoffs: minimize costs/maximize profits, maximize customer service, minimize inventory investment, minimize changes in production rates, minimize changes in workforce levels, maximize utilization of plant and equipment. Managerial inputs from functional areas to sales and ops plans. Operations: machine capabilities, workforce capacities, staffing level. Distribution and marketing: customer needs, demand forecasts, competition behavior. Materials: supplier capabilities, storage capacity, material availability.
