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    operational components of planning, sourcing, making

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    1. Explain the operational components of planning, sourcing, making, and delivering.
    2. Describe the importance of sales, operations, and resource planning for the supply chain.
    3. Explain why it is critical to have an accurate sales forecast.

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    Solution Preview

    1. Explain the rational components of planning, sourcing, making, and delivering.
    Managers engage in planning in order to achieve efficiencies in the supply chain which achieve an efficient supply chain while meeting budgetary goals. Part of the planning must include consideration of the value being created for the customer in terms of the provision of high quality products or services.
    Sourcing involves the identification of reliable suppliers and integrating them into the supply chin seamlessly. This may require technological ...

    Solution Summary

    1. Explain the rational components of planning, sourcing, making, and delivering.
    Managers engage in planning in order to achieve efficiencies in the supply chain which achieve an efficient supply chain while meeting budgetary goals. Part of the planning must include consideration of the value being created for the customer in terms of the provision of high quality products or services.
    Sourcing involves the identification of reliable suppliers and integrating them into the supply chin seamlessly. This may require technological systems integration ...

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