Identify the hard (quantifiable) benefits experienced by an organization that has effective sales and operations planning processes. (Check all that apply.)

Operations management is the area of management concerned with the design and control of production processes and the redesign of business processes in the production of goods or services. This includes our responsibility to ensure that our business operations are efficient to effectively meet the needs of our customers, using the minimum resources necessary.

Deal with the management of the entire production or service system. It is the process of transforming inputs (in the form of raw materials, labor, consumers, and energy) into outputs (in the form of consumer goods and/or services). ) to convert. A company produces products, controls quality, and provides services. Operations management includes sectors such as banking systems, hospitals, companies, suppliers, customer engagements and technology use. Operations is one of the key functions of an organization alongside supply chain, marketing, finance and human resources. The operational function requires management of both strategic and day-to-day production of goods and services.

The hard (quantifiable) benefits experienced by an organization that has effective sales and operations planning processes are:

Improved forecast accuracy
More stable supply rates
Faster and more controlled new product introduction
Higher customer service with lower finished goods inventory levels.

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