CAOT 31 Lecture Notes - Lecture 12: Management System, Richard Ling, Load Profile
19 Oct 2020
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Document Summary
Sales and operating planning (s&op) a process to develop tactical plans by integrating marketing plans for new and existing products with the management of the supply chain. The process brings together all the plans for the business into one integrated set of plans. It is performed at least once a month and is reviewed by management at an aggregate (product family) level. Strategic planning planning that takes place at the highest levels of the firm, addressing needs that might not arise for years into the future. Tactical planning planning that covers a short period, usually 12 to 24 moth out, although the planning horizon may be longer in industries with very long lead times. It is typically more detailed but is constrained by longer-term strategic decisions. Detailed planning and control planning that covers time periods ranging from weeks down to just a few hours out.
