______________ is a process by which supply chain functions within an organization collaborate to match supply and demand:
A) Vendor managed inventory
B) Collaborative planning, forecasting, and replenishment
C) Early supplier involvement
D) Sales and operations planning
E) None of the above

Question

Quizplus · Accepted Answer

Sales and operations planning (S&OP) is a cross-functional process that involves collaboration between different departments within an organization to match supply and demand. The process integrates demand planning, supply planning, and inventory planning to ensure that the organization can meet customer demand while minimizing inventory costs. S&OP meetings typically involve representatives from sales, marketing, manufacturing, and supply chain functions. Options A, B, and C are all related to supply chain collaboration but do not specifically address matching supply and demand.

______________ Is a Process by Which Supply Chain Functions Within