
S&OP and its impact on logistics processes
10 Sept 2024S&OP (sales and operations planning) is an integrated business management process that aligns demand, supply and finances. It plays a crucial role in a company’s overall strategic planning.
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S&OP (sales and operations planning) is an integrated business management process that aligns demand, supply and finances. It plays a crucial role in a company’s overall strategic planning.
Inventory shrinkage is a loss of stock value and can be caused by several factors. It represents a difference between the inventory recorded in accounting and the actual stock on hand.
A racking system consists of several modules with shelves used to store industrial products on pallets or in boxes or bins.
Voice-directed warehousing refers to a management system that guides operators through the order picking process by means of audible instructions.
In logistics, order routing is the process of sending items from different warehouses or centres based on preferences. The process can be automated through software.
After-sales service refers to the solutions offered to a client after a sale is closed. Its goal is to achieve user satisfaction, making it essential to prioritise these services.
Knowing the different types of supply chains and choosing the right one is crucial for success. These chains are designed and structured according to each company’s objectives and needs.
Real-time supply chain visibility is achieved through comprehensive monitoring of a company’s logistics processes.