Dear Friends, I understand that demand plan is the supply chain department's forecast based on sales history and market sensitivity, and it is used to counter the sale forecast from sales department, right ?.
I have many questions: 1/ IBP= S&OP + Financial Plan, right? 2/ The finance department creates a financial plan to reconcile what important information (KPIs) with the demand plan and supply plan ?, example: gross profit and net profit. 3/ In what cases, the demand plan must be adjusted according to the financial plan or supply plan ?. 4/ Inventory policy is agreed and set up by the sale + finance departments?
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Dear Friends, The sales department and the supply chain department can agree to set up the inventory policy, right ?.
Dear Friends, I understand that demand plan is the supply chain department's forecast based on sales history and market sensitivity, and it is used to counter the sale forecast from sales department, right ?.
Yes, that's right. The demand plan ensures that enough stock is on hand to meet forecasts for how much customers will want to buy.
@@InventoryPlanner , the demand planning and the sale forecast can be use the same forecast algorithm, right?.
I have many questions:
1/ IBP= S&OP + Financial Plan, right?
2/ The finance department creates a financial plan to reconcile what important information (KPIs) with the demand plan and supply plan ?, example: gross profit and net profit.
3/ In what cases, the demand plan must be adjusted according to the financial plan or supply plan ?.
4/ Inventory policy is agreed and set up by the sale + finance departments?