Sales & Operation Planning (S&OP) Quiz An essential element in enduring a competitive advantage in today’s global business environment is a successful Sales & Operations Planning (S&OP) process. Supply-chain concentrated companies use S&OP to evolve a business-wide game plan to enhance its overall business performance.
S&OP stands for Sales & Operations Planning, which is a process that combines demand, supply & financial planning into one business plan. Sales & Operations Planning is the process by which we bring together all the plans for the business (Sales, Customers, Marketing, Development, Manufacturing, Sourcing, and Financial) into one unified set of calculated plans.
Instructions
Take this quiz and then check your result using the score interpretation. We then direct you to resources that you can use to explore & improve your knowledge and develop your motivation to lead.
Welcome to your Sales & Operation Planning Quiz
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1.
What is the other name of Sales & Operation Planning(S&oP)?
2.
Mixed Strategy is __________
3.
Aggregate Planning is the process of matching supply & demand at minimal total cost.
4.
Sales & Operation Planning is a tactical plan which resides between detailed & strategic.
5.
Positive results attained using S&OP include:
6.
When Sales & Operation Planning is done?
8.
A firm’s sales process
9.
Cloud computing and collaboration tools are broadly used technologies in the S&OP process.
10.
Which one is not key Sales & Operation Planning activity?
11.
Which one is S&oP Activity?
12.
The planning horizon for Sales & Operation Planning process covers _________ period.
13.
Capacity Planning occurs at what stage of Sales & operation planning Process?
14.
In a make-to-stock environment, which of the subsequent elements is a key determinant of inventory levels essential to support customer demand?
15.
In the master scheduling system, customer orders are the most source of demand in periods:
