“S&OP develops a mid-range plan for operations using input from top management. The plan identifies key resources to achieve the firm’s strategic objectives and goals and is the basis of all subsequent material and labor resource decisions, as well as the basis for the master production schedule (MPS).”
"It's a very different world now. Companies have lost visibility and control over their supply chains. In order to prepare for the economic recovery, you need to look at the supply chain organization as a strategic driver for improving your business."
“The traditional approach--looking at how to reconcile the sales forecast with production plans--is a good start, but IBP forces us to think about supply, demand, and finance as equally important issues. When you're trying to balance supply and demand, you must not forget about the finance side."