SCO6085

Sales, Inventory, and Operations Planning (SI&OP) is a critical business process that balances supply and demand, offering substantial benefits to any organization. By utilizing analytical tools and field data, SI&OP aligns a company's production plan with its strategic objectives through the coordination of manufacturing, finance, operations, sales, marketing, and HR. The output of the SI&OP process guides various production functions, such as the master production schedule (MPS) and material requirements planning. The course aims to (i) provide an overview of the entire SI&OP process, (ii) introduce the essential inputs to SI&OP, such as forecasting and inventory management, (iii) explain how the SI&OP output, specifically the aggregate plan, guides production, and material procurement planning, and (iv) familiarize students with several analytical tools used in the SI&OP process. Topics covered include forecasting, inventory management, aggregate planning, master production scheduling, and material requirements planning.

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